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    June 22, 2022

    Feldstein on Steel Futures and Managing Risk, Creating Opportunities

    Written by Laura Miller

    The word ‘risk’ often has a negative connotation and gets a bad rap. But there are two sides to risk – the dark side and the light side, the bad and the good, the downside and the upside. When it comes to price risk in the steel market, you can either just accept it or you can transfer it. Choosing how you manage to transfer price risk in the steel business is what’s important, according to David Feldstein, president of Rock Trading Advisors.

    “You’re better off with the ability to control risk on your terms rather than just accepting price risk as a cost to doing business,” Feldstein explained on an American Metals Supply Chain Institute (AMSCI) webinar on Wednesday titled “Mitigating Risk in Turbulent Times.”

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

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