Data discrepancies between US and EU HRC markets - and what we've done to fix it!

Solving Data Discrepancies: The Fix for Improved European Positioning with Joshua Stern! Welcome to the latest episode of this FIS podcast in which we talk data discrepancies, new algorithms, HRC markets, the Rebar market, China's influence and the economic strategy, Brent's price and much more! Pssst! Here's the post Josh refers to in the episode! My special guests this week are Ricky Forman, Joshua Stern, James Robinson! "Improving transparency in market data is key to making informed trading decisions." - Joshua Stern Buckle up on this week's Freight Up! This episode is bringing more plot twists than an episode of "Rabbithole"! When Joshua Stern discovered a significant data discrepancy between the US and EU HRC markets, he knew he had to take matters into his own hands. Learn how he used a combination of the existing data, and devised a way to estimate European HRC positions.  But get this: this new positioning data revealed something unexpected... signs of a shift towards a more bullish sentiment in the market. With this newfound insight, everyone involved in the industry could make better-informed decisions. But what will happen next? Listen to find out! Improved accuracy in European positioning estimation for better trading decisions In this episode of the Freight Up podcast, we learn that understanding the positioning dynamics in the commodities market, particularly between the US and EU HRC markets, can have significant implications on trading decisions. And talking of bullishness... The rebar market has been displaying signs of bullish sentiment recently, which provides a sense of optimism for future pricing in the steel industry. Positive indicators in the market which we reveal in this episode, point to a potential upswing that could open up profitable opportunities for traders. By keeping a close eye on these market trends, industry players can establish a competitive edge and potentially reap the rewards of bullish market conditions. James Robinson highlights the impressive 20% month-on-month gain he's discovered within the US steel market.  Iron Ore Update In the iron ore market, China's slow rate of stimulus announcements has caused some frustration. While there have been numerous meetings between government officials and industry leaders, the outcomes have been limited and slow in coming. Listen to learn more!  The key moments in this episode are: 00:00:00 - Economic Unease Rocks Commodity Desks 00:01:25 - Fuel Oil Market Update 00:07:17 - Steel Market News 00:10:53 - Contango Curve 00:13:40 - Importance of Fed Funds Release 00:14:11 - Bullishness in the Rebar Market 00:15:21 - Focusing on Derivative Markets 00:16:54 - Iron Ore Update 00:21:50 - Shift in Economic Strategy for China