Contributor: Gaby Ain

Gaby Ain

Works as an analyst at Flack Global Metals since September 2023, specializing in demand and supply dynamics to provide valuable insights on the steel industry, as well as the economy to support the research used by Flack Capital Markets in driving effective business strategies.

HR futures remain sensitive to tariff talk

The speed and scale of recent moves are reminders of just how sensitive HRC futures remain to structural shifts and sentiment cues.

HR Futures: Caution prevailing in the market

The evolution of the U.S. HRC futures curve since my last update on April 17 tells a familiar story: fleeting optimism giving way to renewed caution.

HR Futures: Market at crossroads after turbulent run

The market appears to be pausing after a turbulent run. But tension remains just beneath the surface. With net long positioning still elevated, sentiment-driven selling could quickly reignite volatility. Still, supply constraints and limited imports are laying the groundwork for a resilient physical market. This moment of calm feels more like a crossroads than a conclusion.

HR futures: Waiting for a new trend to emerge

Week over week, the futures curve saw minimal change.

HRC futures: Changing futures dynamics

What a difference a few weeks make…. As this is our first column after the new year, it is quite interesting to observe how different the steel world looks at the end of January vs. the end of December.