Live dashboardtape as of 4 Sep 2026 · rebuilt 4 Sep 2026
In-range forecast hit rate
82%
9 of 11 resolved sub-components landed in range
Mean abs error
$3.09/t
$— ex-outlier
Direction
64%
7 of 11
Best call
$—/t
Turkey Shredded CFR (Kallanish)
Median abs error
$1.78/t
open forecasts: 2

Today’s tape — physical publisher prints

Iron ore KORE 61%
$99.43
-0.13
FM US-origin CFR Turkey
$376.53
US Midwest HRC ($/cwt)
$61.26
+0.52 (0.86%)
Arb watch — Billet FOB ex-Russia (SO mid) → Egypt CFR billet (0516) +$47.50/t. Largest flagged gap on the current arbitrage map.

World context — public series

Brent crude
$95.52/bbl
2026-09-03 · ICE Brent front-month @LCO.1 (CNBC)
USD strength
-0.43% vs 30d
2026-09-03 · ECB-derived USD proxy (frankfurter.app) — not ICE DXY

Forecast calibration — signed error vs central ($/t)

−$119.50
LME copper cash/3M spread
+$1.21
Pakistan shred 211
+$18.00
Pakistan shred 211
−$2.50
Turkey shredded
−$7.50
Turkey shredded
−$12.00
Pakistan PNS
+$0.00
Pakistan windmill plates
−$3.00
Pakistan R65 rails

Open forecasts

Pakistan scrap import
$412.5 c
target 4 Sep 2026
Turkey shredded scrap CFR
$391 c
target 4 Sep 2026

Track record — recent resolutions

TargetMarketBenchmarkRange (c)ActualHitError
2026-09-01LME copper cash/3M spreadLME official settlements$120–650 backwardation (c: $300)+$180.50 (1 Sep)−$119.50 (spread, not a price — see below)
2026-08-06Pakistan shred 211Index (MB-STE-0887)$406–420 (c: $413)$414.21 (7 Aug)+$1.21
2026-08-06Pakistan shred 211Transaction basis$383–396 (c: $388)$406.00 (19 Aug)+$18.00
2026-08-06Turkey shreddedKallanish$390–400 (c: $395)$392.50 (6 Aug)−$2.50
2026-08-06Turkey shreddedFastmarkets MB-STE-0095$390–400 (c: $395)$387.50 (6 Aug)−$7.50
2026-08-06Pakistan PNSdark market — lapsed$382–398 (c: $388)$376 (9 Mar, last pre-target)−$12.00
2026-08-06Pakistan windmill platesdark market — lapsed$432–460 (c: $440)$440 (30 Jun, last pre-target)$0.00
2026-07-28Pakistan R65 railsdark market — lapsed$432–455 (c: $443)$440 (2 Jul, last pre-target)−$3.00

Market analysis from TDC Ventures. Not trading advice. Prices are physical publisher/index prints (Kallanish, Fastmarkets, SteelOrbis); analyst commentary and futures references are excluded. Full scored record: Forecast track record. Auto-generated by build-dashboard.py — do not edit by hand.