📈 The Bullish Case vs. 📉 The Bearish Case
📈 The Bullish Case vs. 📉 The Bearish Case: Navigating the Current Market Trends 📊 🐃 The Bullish Case: 🛢️ Crude oil surges, up $81.87...
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chad ellerbrock
- Aug 2
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Dow Jones Industrial Average is up 34,458 to 35,559 (+3.2%) - Crude oil is up $70.37 to $81.74 (+16.2%) - Hot roll...
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chad ellerbrock
- Jul 3
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Dow Jones Industrial Average is up 32,915 to 34,458 (+4.69%) - Iron Ore is up $105.07 to $110.87 (+5.52%) - China...
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chad ellerbrock
- Jun 1
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Still looking... The case for the 🐻: - Dow Jones Industrial Average is down 33,542 to 32,915 (-1.87%) - WTI Crude...
28 views0 comments
chad ellerbrock
- May 2
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Pig iron is up $555 to $562.50 / MT (+1.3%) - Crude steel production is up 75.4% to 76.3% MoM The case for the 🐻:...
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chad ellerbrock
- Apr 2
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Pig iron is up $535 to $555 / MT. (+3.7%) - HRC futures are up $1,064 to $1,156 / ton. (+8.6%) - HRC lead times...
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chad ellerbrock
- Feb 28
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Iron ore is up $122.70 to $125.75 / ton. (+3.1%) - Pig iron is up $506 to $535 / MT. (+5.7%) - HRC futures are up...
32 views0 comments
chad ellerbrock
- Feb 2
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Iron ore is up $110.64 to $122.70 / ton. (+10.9%) - Copper is up $3.83 to $4.11 / pound. (+7.3%) - HRC futures are...
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chad ellerbrock
- Jan 20
- 1 min
Improve Your Scrap Metal Buying Process
It's important to have a consistent and reliable supply of high-quality scrap metal to ensure the efficiency and effectiveness of your opera
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chad ellerbrock
- Dec 28, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Iron Ore is up $103.10 to $110.64 / ton. (+7.3%) - China Steel Rebar is up 3,673 to 4,001 / ton. (+8.9%) - HRC up...
38 views0 comments
chad ellerbrock
- Dec 1, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Dow Jones is up from 32,861 to 34,590 month over month (+5.3%) - Crude Oil is up $87.45 to $81.43 (-6.9%) - Iron...
41 views0 comments
chad ellerbrock
- Nov 1, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Dow Jones up from 28,725 to 32,861 (+12.5%) - Crude Oil WTI up from $87.55 from $79.67 (+9%) - Pig Iron up from...
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chad ellerbrock
- Oct 3, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Pig Iron is up $497 - $519 MoM (+4%) The case for the 🐻: - Iron ore is down $104.76 to $98.31 (-8.5%). - Turkey...
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chad ellerbrock
- Sep 1, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Turkey 80:20 HMS is up $44 / MT. $352 to $396 (+12.5%). The case for the 🐻: - Iron ore is down $114.45 to $104.76...
112 views0 comments
chad ellerbrock
- Aug 1, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - One could argue bottom formation in the overall market and copper The case for the 🐻: - Iron ore down $18.53 /...
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chad ellerbrock
- Jul 1, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Still looking... The case for the 🐻: - Pig iron down $213 / MT. $858 to 645 (-25%). - Iron ore down $18.53 / MT....
29 views0 comments
chad ellerbrock
- May 31, 2022
- 1 min
Scrap Metal Market Update
The case for the 🐃: - Imports March to April down 11.7% - Crude Steel Production flat MoM. The case for the 🐻: - Pig iron down $87 /...
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chad ellerbrock
- May 3, 2022
- 1 min
Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
56 views0 comments
chad ellerbrock
- Mar 31, 2022
- 1 min
Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
69 views0 comments
chad ellerbrock
- Feb 28, 2022
- 1 min
Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
37 views0 comments
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