Using the Fastmarkets Dashboard, managing editor Thorsten Schier shows us how our daily Midwest hot-rolled coil index and Midwest No. 1 busheling index have been affected by Covid-19.
“If, at that point, you were using a more lagging indicator, say a weekly price or even bi-weekly, then you would have lost out on those gains, and the spread would have been particularly much tighter between hot-rolled coil and scrap.”
Find out how our daily indices can ensure you use the most market reflective price in your business calculations. To learn more, click here to register for our free webinar.