Ferrous Futures: HRC & Bush Test February’s Lows

Editor’s note: SMU Contributor David Feldstein is president of Rock Trading Advisors. Rock provides customers attached to the steel industry with commodity price risk management services and market intelligence. RTA is registered with the National Futures Association as a Commodity Trade Advisor. David has over 20 years of professional trading experience and has been active in the ferrous derivatives space since 2012.

At last week’s Federal Open Market Committee press conference, Fed Chair Jerome Powell said: “This is an extraordinarily uncertain environment.”