HRC Futures: With S232 Tariff Resolution Put on Ice, HR Futures Rip Higher

Editor’s note: SMU Contributor David Feldstein is president of Rock Trading Advisors. David has over 20 years of trading experience in financial markets and has been active in the ferrous futures space for over eight years. You can learn more at www.thefeldstein.com or add him on twitter @TheFeldstein and on Instragram at #thefeldstein.

So far in 2021, there have been two corrections in CME hot rolled futures and both were related to comments regarding ending the Section 232 tariffs on steel and aluminum.

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.

David Feldstein

Latest in Prices

Nucor increases spot HR by $10/ton

Plate supply squeeze tightens as demand presses higher

SSAB Americas hikes extras, doubles Grade 50 adder

Nucor Plate Group raises fuel surcharge to $20/ton for October

Nucor increases HR coil CSP to $1,200/ton