GABY AIN FOR STEEL MARKET UPDATE: HRC FUTURES STILL ON A WILD RIDE

Hot-rolled coil futures continue their volatile ride following the recent 50% tariff announcement, with sentiment swinging from bullish optimism to cautious recalibration.

Flack Global Metals’ Economic Analyst Gaby Ain shared insights in Steel Market Update, noting that while futures remain elevated, sentiment has cooled amid policy uncertainty and shifting mill strategies. With market positioning now relatively neutral, volatility is likely to return as new headlines emerge.