Hot Rolled Steel Futures: The Big Ripper

Editor’s note: SMU contributor Bryan Tice is a partner at Metal Edge Partners, a firm engaged in Risk Management and Strategic Advisory. In this role, he and the firm design and execute risk management strategies for clients along with providing process and analytical support. Before joining Metal Edge Partners, Bryan held a variety of commercial leadership roles involving purchasing, sales, and risk management for Feralloy Corporation, Cargill Steel Service Centers and Plateplus Inc. You can learn more about Metal Edge at www.metaledgepartners.com. Bryan can be reached at Bryan@metaledgepartners.com.

Exactly three weeks ago today, I wrote the HRC futures article entitled, “Opposing Forces” on day one of Russia’s invasion of Ukraine. Metal Edge Partners was fortunate to have been briefed by our Washington, D.C., contacts well in advance of the invasion of the potential risks of Russian aggression on the world order. Unfortunately, the devastation in Ukraine and the impact on the Ukrainian people over these long three weeks has exceeded most of our expectations. But their bravery and resolve have provided inspiration to the rest of the freedom-loving world.