Commodities Definitions

Ferrous Metal

Posted By: TradersLog

The term ferrous is derived from the latin ferrum meaning containing iron – hence ferrous metals are those containing iron such as nickel, steel and iron itself. Ferrous metals are often magnetic but this is not a defining characteristic.

Non-ferrous metals include common metals such as aluminum, tin, copper and zinc, and also precious metals such as gold, silver and platinum.

See also: Futures Trading

Enjoying the Ferrous Metal information? Sign up for the newsletter today and access even more top quality trading related content! Learn More


Read more:
Maximum Adverse Excursion

Developed by John Sweeney, Maximum Adverse Excursion (MAE) is designed to calculate the worst possible loss that might occur during...