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    Marshall: "Now is a Good Time to Consider Futures"

    Written by Sandy Williams


    Now is a good time to consider the futures market, said Andre Marshall, president and founder of Crunch Risk, LLC, during Wednesday’s SMU Community Chat Webinar. Hedging price risk can help bring some certainty to the unpredictability brought on by the COVID-19 pandemic.

    “Right now, the market is very bearish based on what we are seeing on the ground,” said Marshall. Lead times are short, supply lines are disrupted, scrap prices have plummeted and most businesses are at 70-some percent of prior levels.

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    Join SMU for a Community Chat with AGC Chief Economist Ken Simonson on Oct. 28

    Ken Simonson, chief economist for the Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, Oct. 28, at 11 a.m. ET. What will we talk about? On the one hand, a steel-intensive data center boom continues to outstrip even the most bullish steel-demand forecasts. On the other hand, some more traditional construction markets are struggling. What happens if the data boom falters?