• Skip to main content

    CRU

    CRU: High freight to limit iron ore downside, met coal to rise on China supply concerns

    Written by Lalit Ladkat


    This item was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com.

    For the next month, CRU forecasts that steelmaking raw materials demand will improve as buyers will restock ahead of seasonally stronger steel-demand periods.

    Latest in CRU

    CRU: Global finished steel prices diverge, US the rare bright spot

    CRU: Global finished steel prices have diverged in August, with longs softening while sheet and plate firmed in most regions. Weak construction demand persisted across most longs markets, with the US the notable exception. Higher sheet prices were driven by tightening supply in the US and reduced import attractiveness in Europe, even as APAC sheet prices declined. Plate prices were mostly firmer across APAC, stable to down in Europe, and continued climbing in the US.