The following article on the hot rolled coil (HRC), busheling scrap (BUS), iron ore and financial futures markets was written by Andre Marshall, CEO of Crunch Risk LLC and our Managing Price Risk I & II instructor. Here is how Andre saw trading over the past week: Financial Markets On the S&P 500, we are […]
The following article on the hot rolled coil (HRC), busheling scrap (BUS), iron ore and financial futures markets was written by Andre Marshall, CEO of Crunch Risk LLC and our Managing Price Risk I & II instructor. Here is how Andre saw trading over the past week: Financial Markets The S&P is in an interesting […]
The following article on the hot rolled coil (HRC), busheling scrap (BUS), iron ore and financial futures markets was written by Andre Marshall, CEO of Crunch Risk LLC and our Managing Price Risk I & II instructor. Our next Managing Price Risk II workshop will be held in Chicago at the end of April – […]
Any of you out there feeling like the beat of the anti-import drums are once again beating harder and harder. So, what happens if the Chinese steel mills decide to “voluntarily” reduce or allocate their export tonnage to the United States? First, would they try to allocate at existing tonnage levels (which are quite high) […]
Steel prices continued their slide this week. The CRU was down $14 to $488/ton, which has put downward pressure on futures contracts for nearby months. April and May are trading approximately $10 lower this week with the former at $495/ton and the latter closer to $510/ton. While nearby months have been influenced by the deteriorating […]
The following article on the hot rolled coil (HRC), busheling scrap (BUS), iron ore and financial futures markets was written by Andre Marshall, CEO of Crunch Risk LLC and our Managing Price Risk I & II instructor. Our next Managing Price Risk II workshop will be held in Chicago at the end of April – […]
Hot rolled prices continued lower this week with the CRU down $9 to $508/ton with HRC futures following suit. Q2 has been trading around $510/ton with March trading as low as $503/ton – $13 lower than the week prior. The second half of 2015 is reasonably higher with Q3 and Q4 both trading around $535/ton. […]
The following article on the hot rolled coil (HRC), busheling scrap (BUS), iron ore and financial futures markets was written by Andre Marshall, CEO of Crunch Risk LLC and our Managing Price Risk I & II instructor. We are working on adding new futures workshops in the coming months. If interested please email us at: […]
The following article on the futures market was written by Andre Marshall, CEO of Crunch Risk, LLC and our instructor for Managing Price Risk I and II workshops. Financial Markets: Too bad we’re not all money managers as life would be pretty easy – just keep your customer long the market, sit back, and enjoy […]
For some reason, we made an error when setting up this newsletter yesterday evening that stopped it from being published. We apologize for the delay in getting it to you. Earlier this week ferrous scrap pricing in Detroit settled at down $100 per gross ton on prime grades of scrap such as #1 busheling and […]
The fall in hot rolled futures prices seems to have slowed with the CRU down only $6/ton this week compared to an $18/ton drop the week prior. The second half of the year seems to have stabilized with trades being done at $570-575/ton for Q3 and Q4. The near term remains softer with bids retreating […]
The following article on the futures markets was written by Andre Marshall, CEO of Crunch Risk, LLC. Financial Markets: The S&P continues to perform, we are last 2054 on the March futures after testing our recent low at 1981 on the 16th. It looks like we are headed back to take out the highs at […]
A paradigm shift seems to be underway in the HRC futures market now that prices have broken through the critical support level of $600. The CRU is now at $584, which is down over 10 percent from around $665 just three months ago. With futures contracts trading at $580 per ton for the first half […]
Our report on the futures markets comes to us from Andre Marshall, CEO of Crunch Risk, LLC and the instructor for our Managing Price Risk I and II workshops. Andre will discuss the hot rolled coil futures (HRC) trading done over the past few days as well as trading of Busheling scrap (BUS) and iron […]
The following is an overview of some of the key steel data collected by Steel Market Update during the month of December 2014. This is separate from our Key Market Indicators which was produced for our Premium level subscribers (although shared with all of our readers on Friday of this past week). Steel Market Update […]
Hot rolled coil futures took another leg down over the past couple of weeks as spot softness continues to weigh down the terminal market. The forward curve has moved down $5-10 per ton depending on the period for calendar 15 months. Q1 and Q2 is now trading close to $600 per ton and 2nd half […]
Today’s hot rolled, ferrous scrap and iron ore futures article comes to us from Andre Marshall, CEO of Crunch Risk LLC and the instructor for Steel Market Update’s Managing Price Risk I and Managing Price Risk II workshops. Along with HRC, iron ore and BUS trading. Andre also discusses the S&P 500, copper and crude […]
The following article on the hot rolled futures market comes to SMU from contributing writer Bradley Clark, Director of Steel Trading for Kataman Metals. Hot rolled coil futures have been quite inactive the past week due to the Thanksgiving holiday. As activity picks back up, it appears the next move will be lower. The forward […]
Today’s hot rolled, ferrous scrap and iron ore futures article comes to us from Andre Marshall, CEO of Crunch Risk LLC and the instructor for Steel Market Update’s Managing Price Risk I and Managing Price Risk II workshops. Along with HRC, iron ore and BUS trading Andre also discusses the S&P 500, copper and crude […]
The following article on the hot rolled futures market comes to SMU from contributing writer Bradley Clark, Director of Steel Trading for Kataman Metals. Over the past couple of weeks the HRC futures market has traded within a narrow range reflecting mixed sentiment among market participants. There seems to be a divergence of opinion regarding […]
Andre Marshall, well known commodity futures trader, CEO of Crunch Risk LLC and instructor for our Managing Price Risk I and II workshops has written today’s HRC futures article. Today he comments on the financial markets, steel, iron ore and ferrous scrap markets. Financial Markets: All time highs again in the stock markets. We are […]
Today’s hot rolled coil and ferrous scrap futures article is written by Bradley Clark, Director of Steel Trading at Kataman Metals. The market seems to have bottomed out with the CRU coming in at $640 yesterday. Positive sentiment has outweighed any negatives in the market with AK Steel recently announcing a price hike of $20/ton […]
The following article comes from one of our contributing writers, Andre Marshall of Crunch Risk, LLC. Andre is a well known trader/broker in the hot rolled coil (HRC) and other commodities futures markets. He is also our instructor for the SMU Managing Price Risk I and II workshop series. Tonight Andre speaks to the financial […]
After the recent sell off of HRC futures, it appears the market has reached a critical support level with Cal 15 trading at $620. Near months aren’t much higher with Nov14 trading around $623 and Dec14 at $621. The selloff came as concerns over the global economy came to light in recent weeks. The International […]
Contributing writer, Andre Marshall of Crunch Risk, LLC, provides a glimpse at the financial, copper, steel (hot rolled coil), iron ore and scrap markets for our readers. Mr. Marshall is well known within the futures community and is the instructor for our Managing Price Risk I & II workshops. Financial Markets: Rethinking Island Mentality The […]
The hot rolled futures market has been active this week. After weeks of very little movement, selling has pushed futures prices into a more dramatic backwardation. Nearby months such as November and December have fallen $7 to $632. Further down the curve, HRC prices have fallen slightly more with all months in 2015 falling $8 […]
Andre Marshall, an active futures trader and owner of Crunch Risk, LLC, provided the following recap of hot rolled futures, iron ore and scrap as well as some words regarding the financial markets and copper trading. Here is what he shared with SMU this evening: Financial Markets: Well today saw a pretty big drop in […]
The hot rolled coil (HRC) futures market has been very flat in terms of pricing over the past few weeks with the Q4 trading around $645, Q1 $650 and calendar 2015 around $645. All prices are very flat down the curve, indicating a slight decrease in pricing from current spot levels. Overall, good volumes have […]
The following report was prepared by Andre Marshall, CEO of Crunch Risk, LLC which is a company specializing in hot rolled, ferrous scrap and other “futures” contracts or financial derivatives. Today he discusses the broader financial markets, hot rolled steel futures (HRC), iron ore and ferrous scrap futures (BUS) trading on the CME. Andre Marshall […]
The following article about Futures trading is from Andre Marshall, CEO of Crunch Risk, LLC. Andre will be one of our speakers at our 4th Steel Summit Conference as he speaks to the influence Chinese futures trading has on commodity prices. He mentions iron ore trading (China) in the article below: OK, so we’re at […]