DANIEL DODERER TALKS HRC FUTURES IN STEEL MARKET UPDATE

The HRC futures market has remained largely unchanged over the past month, continuing a record-long contango stretch that signals persistent oversupply in the U.S. steel market.

In a recent article featured by Steel Market Update, Daniel Doderer broke down September’s quiet trading activity and the market dynamics behind it. Despite headlines around trade cases and blast furnace outages, prices stayed confined within a narrow range as demand recovery remains elusive.