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    August 8, 2019

    Hot Rolled Futures: Snoozing

    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 at www.metaledgepartners.com. Gaurav can be reached at gaurav@metaledgepartners.com for queries/comments/questions.

    The HRC market is quiet. And it is not “quiet” in a way that inspires calm and peace. Its manner is more leaning to the kind of “quiet” that hides restlessness, confusion and unease. There are many who are trying to explain this period of eerie silence by attributing it to people being out-of-office! It is understandable that it is summer and some people are on vacation. However, since we are not all blessed with European vacation policies, we have to ask: What’s going on?!!

    Gaurav Chhibbar

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