Some analysts predict that steel futures might challenge $690 this quarter, citing synchronized infrastructure projects in Asia and North America. "Around the steel industry there has unfortunately been an air of uncertainty for quite some time, but it has proven to be very resilient," said Runtech's head of operations Joe Roderick. The Raw Steels Monthly Metals Index (MMI) returned to the downside. Overall, the index witnessed a modest 0.75% decline from March to April. Steel futures traded at $665 per metric ton in early Asian markets today, reflecting a 1.3% uptick on renewed construction demand in China. Analysts say that robust infrastructure investment could keep near-term support levels intact, but watch for potential volatility linked to iron ore price swings.