Market Overview

Flack Global Metals Appoints David Feldstein as Chief Market Risk Officer


Flack Global Metals Appoints David Feldstein as Chief Market Risk Officer

Veteran industry analyst offers strategic market direction and insights to customers

PR Newswire

CHICAGO, Aug. 22, 2018 /PRNewswire/ -- Flack Global Metals (FGM) today announced the appointment of David Feldstein as the company's Chief Market Risk Officer.  In this expanded role, he will continue to leverage more than 15 years of extensive knowledge of commodity markets along with a history of customized and profitable financial structuring to assist customers and the FGM team in presenting, training, quoting and executing a wide range of fixed price solution physical purchase orders.

Flack Global Metals Logo (PRNewsfoto/Flack Global Metals)

In 2012, Feldstein was brought in as director of risk management at FGM, to found the proprietary risk management group in response to growing customer demand for fixed pricing options. Over the next 6 years, Feldstein pioneered this strategy within the industry to give FGM a competitive advantage in the marketplace and offer customers cutting-edge industry insight and analysis with customized supply chains.

"David has cultivated a growing list of customers who have reaped the benefits of his analysis," said Jeremy Flack, founder and chief executive officer of FGM. "We believe that it is the right time to recognize the integral role he has played in facilitating these fixed deals, as he continues to help us offer our clients greater access to more secure and profitable supply chains – ahead of the market."

In addition to his role at FGM, Feldstein serves as an ongoing contributor to Steel Market Update.  Over the last two years his editorial content reports on the HRC futures market, including being the first to call for 650 ceiling break and then $820-$920 range. He is also founder and author of the FGM Week Over Week Report, a proprietary source for timely market information and analysis for subscribers and FGM customers, such as forecasting risks tied to market fundamentals and 232/tariffs. Additional real-time insights can also be found by following him on Twitter @TheFeldstein

Feldstein holds a bachelor's degree from Michigan State University and an MBA from The University of Chicago Booth School of Business with a concentration in analytical finance, economics, econometrics and statistics.

About Flack Global Metals

Flack Global Metals designs and fulfills supply chains for OEMs using flat rolled steel, aluminum and stainless. Flack takes price volatility out of the steel industry and adds agility and real-time responsiveness to processing and supply chain management. When the power of our asset-light business model, metals market expertise, and global resource networks meets your go-to-market strategies the result is a renewed ability to focus on your business growth with confidence in price, quality and service. Learn more at  Follow us on Titter @FlackGlblMetals

Renee Kirk
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