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    July 27, 2017

    Hot Rolled Futures: Pay No Attention to That Man Behind the Curtain

    Written by David Feldstein

    The following article on the hot rolled coil (HRC) futures markets was written by David Feldstein. As the Flack Global Metals director of risk management, Dave is an active participant in the hot rolled futures market, and we believe he provides insightful commentary and trading ideas to our readers. Besides writing futures articles for Steel Market Update, Dave produces articles that our readers may find interesting under the heading “The Feldstein” on the Flack Global Metals website www.FlackGlobalMetals.com.

    The Section 232 investigation has dominated the hearts and minds of those attached to the steel industry since being announced in April.  The investigation has led to a number of unintended consequences including a short-term boost in imports, a shift to domestic purchasing and a slowing of transactions, to name a few.  Three months into it, many of us are exhausted by the indecision, hoping that a resolution, any resolution, will be presented soon. 

    David Feldstein, SMU Contributor

    David Feldstein

    SMU Contributor David Feldstein is president of Rock Trading Advisors. David has over 20 years of financial market trading experience and has been active in the ferrous futures space since 2012. Feldstein earned an MBA from the University of Chicago Booth School of Business with concentrations in economics, statistics and analytical finance. He can be reached at davefeldstein@gmail.com.

    Read more from David Feldstein

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