Tag: Hot Rolled Futures

Hot Rolled Futures Begin To Buckle…

Written by Brad Clark, Director of Steel Trading, Kataman Metals Settlement prices retreated this week on the CME U.S. Midwest Hot Rolled futures contract as the expected New Year’s jubilation never materialized. Volumes the past week surged as traders placed their bets for a breakout of the recent sideways trading range the market has experienced […]

Hot Rolled Futures – Bring in the New Year!

Financial Markets Who knew it was so easy, all the Republicans had to do was to agree to over $600 bln in tax increases, kick the can down the road on spending cuts by 2-3 months and voila!; No Fiscal Cliff! And with that the markets were off. The SP has gained 60 points in […]