CRU
November 14, 2021
CRU: The True Cost of the EU-U.S. Section 232 Deal
Written by Greg Wittbecker
By Greg Wittbecker, Advisor, CRU Group
Quotas in exchange for exemption, a bad precedent for other countries
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CME Group’s HR coil futures have had a volatile stretch over the past few weeks.
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Americas wire and cable demand held firm through H1 2026, as data center and energy infrastructure buildouts, driven by wider electrification and power supply investments, more than offset weakness in traditional construction sectors such as residential
CRU: High freight to limit iron ore downside, met coal to rise on China supply concerns
For the next month, CRU forecasts that steelmaking raw materials demand will improve as buyers will restock ahead of seasonally stronger steel-demand periods.
CRU: Global finished steel prices diverge, US the rare bright spot
CRU: Global finished steel prices have diverged in August, with longs softening while sheet and plate firmed in most regions. Weak construction demand persisted across most longs markets, with the US the notable exception. Higher sheet prices were driven by tightening supply in the US and reduced import attractiveness in Europe, even as APAC sheet prices declined. Plate prices were mostly firmer across APAC, stable to down in Europe, and continued climbing in the US.
CRU: Sims’ earnings soar
Global recycler Sims' profits increase in fiscal year that ended in June.