The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel During the holiday week in the U.S., the HR futures markets have been thin, especially on the buy side of the market. […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel While the HR indexes continue to grind higher in a somewhat non-linear fashion, the HR futures curve is reflecting an even […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel We had a very volatile day in the ferrous metals markets today, saw strong price moves higher in HR futures on […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel As of the end of January 2018, HR spot is up over $200/ST. Thus far in May, HR spot is hovering […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures markets continue to adjust to the continually changing narrative on global trade. While flat rolled steel demand has remained […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Shifting sentiment in HR futures this week. Indexes bounced back up after falling the previous week. Tariffs kick in beginning in […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR spot prices continued higher this past week with prices reportedly trading in the mid $860’s. Meanwhile, in April thus far, […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Announced steel tariffs provide less uncertainty and give the markets an opportunity to retrace. Steel March has proven to be a volatile […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures prices have moved up. POTUS has been keeping the HR futures market hopping this week. The plethora of news […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel The HR futures prices continue to grind higher in the near dates but have been lagging in the latter half of […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Increased HR futures buying this week reflects the slightly more bullish narrative in the domestic HR price expectations. Concern that lead times […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel A couple of interesting observations this week in the ferrous futures. Basically, steel is up, and scrap is softer. HR nearby […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Since the end of last week, which was very quiet due to year end, the Futures markets have been relatively muted […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures had a bit of a flurry early this week following the price increase announcements by a number of mills. […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures markets have paused post Thanksgiving. While the HR spot prices have retraced $27/ST in the month of November to approximately […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel It has been a relatively light volume week in HR futures as the recent push higher in prices has left the […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel It has been a very active trading week in HR futures along all portions of the curve as over 83,000 ST […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel As the HR index retreated to $598/ST[$29.90/cwt] this week, we saw further price declines of the nearby futures while the medium to longer-term […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures have been pretty active the last week as sellers reached and we hit a new near-term low in prices […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures prices along the curve have been range bound this past week on modest trading activity. The quiet week could […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel With world commodity indices jumping higher HR futures price action has been relatively muted. A modest $10 move higher in the latest […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel This week HR futures markets experienced continued price consolidation along the curve as HR futures prices continued to retrace lower from […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel HR futures prices have moved $12-$27/ST higher on very light trading volumes this past week. In spite of the higher HR […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel If you compare prices between last week and this week, you will see the HR futures market has found support and […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Lack of certainty in forecasting future HR business continues to create excess price volatility. Longer lead times along with slightly lower […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel This week we had a big reversal/correction week on week as HR futures curve prices traded higher as buyers reached for […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Flattening of HR futures curve due to decline in nearby futures prices generates heavy trading. It has been an active week […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel We have seen some evidence late this week of participants “buying the dips” in what has been a rather thin and […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel With the exception of HR spot not much has changed this past month in the HR futures curve. When you compare […]
The following article on the hot rolled coil (HRC) steel and financial futures markets was written by Jack Marshall of Crunch Risk LLC. Here is how Jack saw trading over the past week: Steel Interesting week in HR futures as spot retraced back to the mid $650/ST after moving higher the prior week. HR futures […]