GABY AIN: SUMMERTIME BLUES IN HRC FUTURES MARKET

In her latest piece for Steel Market Update, Gaby Ain analyzes the midsummer slowdown in hot-rolled coil futures, with prices drifting lower as traders wait for new catalysts. Despite solid mill margins, demand remains hesitant, leaving the market in a holding pattern.

“The market feels stuck in neutral, waiting for the next headline to drive direction,” Ain observes. As uncertainty lingers, futures continue to serve as a critical tool for managing risk amid shifting fundamentals.