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    CRU Group Letter to SMU

    Written by Tim Triplett


    Many of you are already customers of CRU but for those who don’t know us as well, John thought it would be useful to say a little about what we do.  CRU has been growing our services since we were formed in 1969 in London, and we now have about 260 employees in 12 countries around the world. These includes more than 25 staff in the U.S., mostly operating out of two offices, in Pittsburgh and in New York.

    Essentially we do four things: analysis and forecasting, price assessment, consulting, and events. And we do this across a wide range of commodities, generally in mining and metals. Our steel business is CRU’s biggest team, and a major part of that operation is our steel sheet price benchmarks in North America. For many years we have been by far the most trusted and respected price for hot rolled coil – used in contracts more often than all other providers combined, according to independent research. Our teams engage the market through phone/email direct contact, client visits, webinars, conferences, and briefings. Our steel team is running our next briefing in New York on June 25th, with both external and CRU speakers (including John Packard) – please email kaitlin.turnley@crugroup.com if you would like to attend.

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    SMU scrap market survey results now available

    SMU’s November ferrous scrap market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the Pricing and Analysis tab and look under the “survey results” section for Ferrous Scrap Survey results. Past scrap survey results are also available under that selection. If you need help accessing the survey results or if your company would like to have your voice heard in our future surveys, contact smu@crugroup.com.

    Scrap export market activity perks up

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