CRU: Global sheet prices remain under pressure as exporters undermine domestic markets

Global sheet prices in many major markets were again under pressure this week.

One cause of this was increased competitiveness from imports that have put pressure on some domestic producers. The European market was a good example that highlighted this trend. There, a variety of competitive import offers from both Turkey and countries in East Asia have helped add pressure to an already weak market.

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.

Ryan McKinley

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