CRU
November 14, 2023
CRU: Tata Steel To Cut Jobs in the Netherlands
Tata Steel has announced plans to cut 800 roles at its sheet works in Ijmuiden, the Netherlands, to remain competitive and profitable in the future.
Latest in CRU
CRU: HR coil futures re-price 2027 forward curve
CME Group’s hot-rolled coil futures have jumped higher as the loss of a reheating line at a large Southern mill have renewed domestic production issues. At market close on Oct. 12, the Q4'26 futures are now pricing in $1,295 per short ton (st) for HR coil, a month-over-month (m/m) increase of $63/st. For 2027, the forward curve is up $80 /st vs. September, at $1,207/st. For November 2026 through March 2027, prices are at an average just above $1,300/st.
CRU’s Spoores weighs impact of proposed Mesabi Metallics steel plant
CRU Research Principal speaks about the implication of Mesabi Metallics' proposed steel mill in Iowa.
CRU: HR coil futures trading volume surges on trade talks
CME Group’s HR coil futures have had a volatile stretch over the past few weeks.
CRU: US market boom continues due to data centers and electrification
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.