Analysis

March 27, 2026
CRU Outlook: Middle East tensions will drive steel prices higher
Written by Juliana Guarana
This item was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com.
APAC steel prices are expected to rise due to high energy and freight costs stemming from the Middle East conflict. Imports will remain subdued in the EU due to rising freight rates but are expected to pick up marginally in the USA.

