Contango Levels Remain Elevated in HRC Futures Market

Steel Market Update is pleased to introduce a new contributing writer on the HRC Futures and other futures markets. Spencer Johnson is a Risk Management Consultant with FCStone LLC. With six years of experience, Spencer provides his customers strategic and tactical advice on protecting themselves against commodity price volatility in the steel markets. Spencer will rotate weekly futures articles with Andre Marshall of Crunch Risk, LLC. We welcome Spencer to the Steel Market Update team.

Spencer can be reached at spencer.johnson@intlfcstone.com

Nucor

Spencer Johnson

A broker at FCStone LLC, Johnson is a veteran in the world of steel futures. He has worked with every type of market participant to formulate risk management and trading strategies for steel derivatives. StoneX has also worked tirelessly to grow liquidity and provide access to new ferrous markets for its clients. Johnson is in addition one of the longest serving members of the London Metal Exchange’s steel committee.

Spencer Johnson

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