Market Segment
September 11, 2020
CRU: Are Steel Mill Profits Sustainable?
Written by Paul Butterworth
By CRU Research Manager Paul Butterworth, from CRU’s Steel Raw Materials and Steel Costs
CRU price and cost forecasts suggest that the steel sector generally will return close to steady-state, or “through-cycle,” levels of profitability over the five-year forecast period. However, as our analysis highlights, steady-state profitability of individual steel mills has varied widely in recent years and some mills have failed to achieve a minimum sustainable profit level.
