Hrc futures recent reports highlight that U

Recent reports highlight that U.S. steel mills are operating at 78% capacity utilization, slightly above the seasonal average. This efficiency supports current HRC futures pricing near $930 while minimizing downside risks. "We have been really impressed with the performance Kaku has shown with HRC and the Acura Meyer Shank Racing team this year and the way he has integrated seamlessly into the team and raced pinnacle prototype sportscars,” Salters said. “I'm delighted for him to have this opportunity to test the Indy car with Mike Shank and Jim Meyer. This table shows the settlements and open interest for the Midwest HRC futures curve on April 9. HRC futures were already in oversold territory on the relative strength indicator for four days when the June and July futures started trading below $780 around April 9. They didn’t stay there for long. The futures appeared to have found a floor and have since traded roughly $35 higher in the months of June and July. HRC futures volatility dropped to 12% annualized, signaling healthier market stability compared to the 18% seen earlier this quarter. Investors are eyeing macroeconomic trends, especially the Federal Reserve’s interest rate trajectory.