Hrc futures chicago Mercantile Exchange data shows

Chicago Mercantile Exchange data shows open interest in HRC futures up 5% over the past two sessions, indicating fresh long positions entering the market. This aligns with expectations of moderate price appreciation toward $960 in the next month. "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. In last week's article: Drivers of hot rolled coil prices in the 2025-2026 biennium , a forecast scenario was provided for hot-rolled coil prices, highlighting the main upside and downside risks that could influence future price dynamics. Among the upside risks was the possible reaction of the EU to the 25% U.S. tariffs on imported steel. The new U.S. protectionist measures have, in fact, reignited trade tensions in the steel sector, increasing the risk of countermeasures from the EU aimed at protecting the European steel industry. As analyzed in the article: The steel trade war: from 2018 to the new phase of 2025 , during President Trump's first term, the European Union had already protected its steel industry by applying new additional, anti-dumping and countervailing duties.