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    September 19, 2019

    Hot Rolled Futures: Here We Go Down Again?

    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.

    HRC futures in the past three weeks have been pushed significantly lower. The drop of $30-40 across the curve is one that has been felt the most by those who had bought long physical into the promise of a rally without hedging off a portion of that buy.

    Gaurav Chhibbar

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