COMEX:HRC1!   U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures
Steel finding strong support at the 50 days MA on the weekly graph, it should created pressure upwards. However, looking at the daily graph, steel is fighting for a breakthrough. Consistent downward pressure being exerted by the 200 days MA. At this point I am neutral, but with a tendency to believe it will go up once automotive demand starts to hit around Q2 2022. Cleveland Cliffs raised prices on CRS and SS, it is just a matter of time for them to hit HR. As said before, I am looking for a breakthrough upwards in the medium term.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。