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    CRU

    January 15, 2021

    CRU: Emissions Announcement Pushes Up China Sheet Prices

    Written by George Pearson

    By CRU Prices Analyst George Pearson, from CRU’s Steel Sheet Products Monitor

    Chinese sheet prices reached a new high this week after a government policy notice on March 2 notifying of emissions production cuts in Tangshan province in late-February to late-March. We expect the impact of this announcement to be lower than the initial price rise suggests. In other regions, sheet prices globally have continued to rise, but at a slower pace.

    George Pearson

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