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    April 20, 2024

    CRU: Sheet prices stable w/w in most areas of the world

    Written by Ryan McKinley

    Steel sheet prices in many regions of the world were steady week over week (w/w) in the week ended April 17.

    In China, some bullish macroeconomic data prompted increased trading activity and a reduction in inventory levels, although it was not quite enough to lift prices. Trading activity, however, was more subdued in other parts of Asia on persistent demand weakness, and while domestic prices held this week, producers will likely need to cut output in the near term.

    Ryan McKinley

    Ryan joined CRU in 2018 and is now the editor of the Steel Sheet Monitor. He also forecasts North American prices, production, demand, and trade for sheet and plate products in CRU's Steel Sheet and Plate Market Outlooks. Ryan has eight years of experience in steel market analytics, covering markets from steel metallics, steel long products, stainless steel, and now steel sheet and plate markets. Prior to joining CRU, he covered a variety of local North American scrap markets at Argus Media. He holds a BA in Political Science from Colorado State University in Fort Collins, Colorado, and an MA in Energy Politics in Eurasia from European University located in Saint Petersburg, Russian Federation. Ryan is based in Denver, Colorado.

    Read more from Ryan McKinley

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