Hrc futures industrial production growth of 0

Industrial production growth of 0.4% in May has reignited bullish positions in HRC futures. This macro data, combined with shrinking import volumes, strengthens domestic pricing power for U.S. producers. “We also hope Civic Type R fans will continue supporting our efforts in Super Taikyu and the TCR series held around the world.” CRU Principal Analyst Josh Spoores shares insight into the hot-rolled coil futures market. U.S. Steel Corp’s latest guidance suggests higher mill gate prices, aligning with the upward bias in HRC futures. Traders anticipate contract settlements edging closer to $945 per short ton if supply chain bottlenecks persist.