SMU successfully completes IOSCO review

Why does it matter? Because IOSCO principles are broadly accepted as the gold standard for best practices when it comes to pricing.

“CRU’s successful completion of the IOSCO Principles external assurance review demonstrates the strength and resilience of our methodologies, policies, and processes,” said Chris Houlden, divisional managing director and head of analysis for CRU.

“This independent assurance reinforces what our customers already know — that they can rely on CRU benchmarks to support them in navigating fast-changing markets with confidence,” he added.

Claire Ballak, CRU’s global head of compliances and legal services, agreed. “This independent IOSCO Principles assurance review comes at an important time for commodity pricing. For our clients, it proves that our promise to always be transparent and ensure integrity are not just lip service, but fact.”

SMU updates its sheet and plate prices once a week on Tuesday evening. We update our scrap prices once a month. You can find our pricing methodologies here. The latest prices are always available in our interactive pricing tool, which is here.