Assessment - Iron and Steel - 1/07/24 - RS = mixed

 ⇐ 

								⇓instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	1/01/24	prc diff	Δ26	Curr	⇓∅-RS
						S		SOM Iron and Steel	333.178	12/08/24	-0.18	360.242	-7.51	389.130	-28.888	-7.42	USD	-2.42
						L		Tata Steel	152.060	12/08/24	0.16	174.070	-12.64	139.600	34.470	24.69	INR	36.02
								Ternium Argentina	886.000	12/08/24	-2.32	1,016.000	-12.80	849.000	167.000	19.67	ARS	29.09
								Kobe Steel	1,629.500	9/08/24	1.62	2,018.000	-19.25	1,824.500	193.500	10.61	JPY	7.84
						L		JSW Steel	917.350	12/08/24	1.35	943.900	-2.81	880.250	63.650	7.23	INR	12.89
								Nippon Steel	3,169.000	9/08/24	1.83	3,456.000	-8.30	3,230.000	226.000	7.00	JPY	-2.36
								Pacific Metals	1,341.000	9/08/24	5.59	1,273.000	5.34	1,214.000	59.000	4.86	JPY	-7.99
								Vallourec	13.370	12/08/24	-0.59	14.700	-9.05	14.025	0.675	4.81	EUR	11.54
						S		Acerinox	9.155	12/08/24	0.05	9.760	-6.20	10.655	-0.895	-8.40	EUR	-0.32
								Citic Pacific	7.100	12/08/24		7.100		7.800	-0.700	-8.97	HKD	-2.93
						S		Tenaris	12.830	12/08/24	0.71	14.245	-9.93	15.745	-1.500	-9.53	EUR	-6.88
								voestalpine	22.080	12/08/24	-0.18	25.280	-12.66	28.560	-3.280	-11.48	EUR	-8.15
						S		Bluescope Steel	20.560	12/08/24	-0.44	20.240	1.58	23.400	-3.160	-13.50	AUD	-4.86
						S		Vulcan Steel	7.020	12/08/24	0.14	7.100	-1.13	8.360	-1.260	-15.07	NZD	-8.39
								ArcelorMittal	20.120	12/08/24	0.30	21.300	-5.54	25.665	-4.365	-17.01	EUR	-9.15
								Outokumpu	3.242	12/08/24	0.31	3.386	-4.25	4.484	-1.098	-24.49	EUR	-16.14
						S		Aperam	25.060	12/08/24	-0.63	24.620	1.79	32.880	-8.260	-25.12	EUR	-12.57
						S		Posco Holdings	327,500.000	12/08/24	0.61	370,500.000	-11.61	499,500.000	-129,000.000	-25.83	KRW	-18.97
						S		Salzgitter	15.230	12/08/24	-1.23	18.160	-16.13	28.000	-9.840	-35.14	EUR	-25.88
								thyssenkrupp	3.320	12/08/24	-1.63	4.093	-18.89	6.312	-2.219	-35.16	EUR	-28.91
Iron and Steel - 19 out of 19 instruments rated - 1/07/24 / 1/01/24 - 7 did rise, Market-Ratio(26) = 36.84 %

 

 

Transactions Iron and Steel * Mixed Straddles L21 - 80/14 (1) - S34 - 40/85 (1)

																⇐
L/S	date buy	date sell	days				instrument	spl	pieces	Curr	prc buy	prc sell	ps short	prc diff	d %	asset	yield
2/01/06		16/01/06	14				- cash -
long	16/01/06	3/03/08	777				Salzgitter	100	193	EUR	51.550	115.720		64.170	124	22,385	46
short	21/01/08	15/06/09	511				Pacific Metals	100	263	JPY	85.000	81.400	88.759	3.759	4	23,373	3
long	20/04/09	16/08/10	483				Pacific Metals	100	361	JPY	64.600	58.500		-6.100	-9	21,171	-7
short	16/08/10	10/01/11	147				Salzgitter	100	417	EUR	50.650	54.850	46.450	-4.200	-8	19,420	-19
long	18/10/10	8/08/11	294				Severstal	100	1,814	EUR	10.700	10.350		-0.350	-3	18,785	-4
short	6/06/11	17/02/14	987				Outokumpu	100	817	EUR	22.970	3.400	155.183	132.213	576	126,803	103
long	20/02/12	4/06/12	105				Tenaris	100	8,112	EUR	15.630	12.100		-3.530	-23	98,167	-59
	21/01/13	24/08/15	945				Ternium Argentina	100	53,063	ARS	1.850	5.480		3.630	196	290,786	52
short	16/06/14	3/10/16	840				Vallourec	100	213	EUR	1,361.400	165.280	11,213.758	9,852.358	724	2,389,338	150
long	4/07/16	15/10/18	833				Outokumpu	100	578,532	EUR	4.130	4.477		0.347	8	2,590,089	4
short	9/10/17	8/01/18	91				Tenaris	100	215,123	EUR	12.040	13.730	10.350	-1.690	-14	2,226,531	-45
	9/04/18	9/11/20	945				Outokumpu	100	408,088	EUR	5.456	2.460	12.101	6.645	122	4,938,194	36
long	30/12/19	9/03/20	70				Ternium Argentina	100	192,522	ARS	25.650	17.850		-7.800	-30	3,436,523	-85
	10/08/20	4/10/21	420				Ternium Argentina	100	81,919	ARS	41.950	92.700		50.750	121	7,593,912	99
4/10/21		29/11/21	56				- cash -
short	29/11/21	20/02/23	448				Vallourec	100	958,222	EUR	7.925	13.895	1.955	-5.970	-75	1,873,327	-68
long	5/12/22	12/08/24	616				Ternium Argentina	100	10,293	ARS	182.000	886.000		704.000	387	9,119,599	155
short	28/08/23		350				Aperam	100	353,335	EUR	25.810	25.060	26.582	0.772	3	9,392,515	3
accum	16/01/06	12/08/24	7361	days out of 7431 invested (99%)										93,825		9,392,515	40

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %			total
Ternium Argentina	long	21/01/13	24/08/15	945	1.85	5.48		3.63	196.22
	long	30/12/19	9/03/20	70	25.65	17.85		-7.80	-30.41
	long	10/08/20	4/10/21	420	41.95	92.70		50.75	120.98
	long	5/12/22	12/08/24	616	182.00	886.00		704.00	386.81			2,117.53
Outokumpu	short	6/06/11	17/02/14	987	22.97	3.40	155.18	132.21	575.59
	long	4/07/16	15/10/18	833	4.13	4.48		0.35	8.40
	short	9/04/18	9/11/20	945	5.46	2.46	12.10	6.64	121.79			1,524.27
Salzgitter	long	16/01/06	3/03/08	777	51.55	115.72		64.17	124.48
	short	16/08/10	10/01/11	147	50.65	54.85	46.45	-4.20	-8.29			105.87
Vallourec	short	16/06/14	3/10/16	840	1,361.40	165.28	11,213.76	9,852.36	723.69
	short	29/11/21	20/02/23	448	7.93	13.90	1.96	-5.97	-75.33			103.19
Aperam	short	28/08/23	12/08/24	350	25.81	25.06	26.58	0.77	2.99			2.99
Severstal	long	18/10/10	8/08/11	294	10.70	10.35		-0.35	-3.27			-3.27
Pacific Metals	short	21/01/08	15/06/09	511	85.00	81.40	88.76	3.76	4.42
	long	20/04/09	16/08/10	483	64.60	58.50		-6.10	-9.44			-5.44
Tenaris	long	20/02/12	4/06/12	105	15.63	12.10		-3.53	-22.58
	short	9/10/17	8/01/18	91	12.04	13.73	10.35	-1.69	-14.04			-33.45

Annotations

28/07/22	Tata Steel			stock split 1:10 (ten for one)
25/05/20	Vallourec			reverse split 40:1 (one for fourty)
18/05/17	ArcelorMittal			reverse stock split 3:1 (one for three) ISIN change from LU0323134006 to LU1598757687
15/03/15	Iron and Steel			first complete analysis

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