It was 6.00 PM on a cold wintry afternoon in Lawrenceville, Illinois as Dave swung into the driveway of his suburban home. He reflected that there had never been a more volatile time to trade metals during his twenty-year long career. As was usual for his family at this time of the year, he was flying to Aspen tomorrow for a pre-Christmas ski holiday. What was different, was that by this time his supply contracts for steel for 2019 were all locked down with no fluctuations until manufacturing started in a few months. Source: EKA – Tariffs, Trade Wars & Trading – Focus on Metals & Manufacturing
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Source: CTRM Center