Final Thoughts

Monday is technically a holiday in the U.S. but Steel Market Update offices are open. For those who are confused with my travel schedule recently – I am no longer on the west coast – I have returned to our offices on the east coast. I can be reached at 800-432-3475 or by email: John@SteelMarketUpdate.com.

We have begun taking registrations for the next Managing Price Risk workshop which will be held in New York City at the CME (NYMEX) building which is across the street from 1 World Trade Center. Our online registration form and the full program should be online later this week. The workshop is for those involved (or interested in trading) the hot rolled coil futures, options as well as ferrous scrap futures through the NYMEX/CME platforms or OTC (over-the-counter). Andre Marshall, CEO of Crunch Risk, LLC and one of the most active brokers in the HRC and scrap futures markets is our instructor. Working with Andre and myself is the CME Group.

SMU has been conducting these workshops for a couple of years and we find they are excellent for those wanting to gain more exposure and understanding to the derivatives markets and how to use (and not use) them. If you have any questions please feel free to contact me in my office: 800-432-3475.

As always your business is truly appreciated.