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    April 18, 2019

    Hot Rolled Futures: Saying Goodbye to an Upside?

    Written by Gaurav Chhibbar

    SMU contributor Gaurav Chhibbar is a partner at Metal Edge Partners, a firm engaged in Risk Management and Strategic Advisory. In this role, he and his firm design and execute risk management strategies for clients along with providing process and analytical support. In Gaurav’s previous role, he was a trader at Cargill spending time in Metal and Freight markets in Singapore before moving to the U.S. You can learn more about Metal Edge a www.metaledgepartners.com. Gaurav can be reached at gaurav@metaledgepartners.com for queries/comments/questions.

    Steel futures have in the past few weeks seen increased selling pressure. The market, in late February, showed signs of a possible move up for HRC prices in the U.S. with April contract levels trading as high as $740 back in February.

    Gaurav Chhibbar

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