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Steel Sheet Product Monitor
Nov 2008 Issue
Sheet prices in freefall
  • The CRUspi for steel sheet has seen is largest ever decline, and now stands some 25% lower than just one month ago. Chronically weak demand is the clear culprit in almost all regions.

Production cut parachute?

  • Swathes of production cuts across the globe have yet to restore stability to sheet markets, partly as stocks are excessive in many areas. We must look to the New Year for any prospects of recovery.

Steel Sheet Products Monitor


How will I benefit from a subscription to Steel Sheet Products Monitor?

Steel Sheet Products Monitor analyses global markets and prices for hot rolled, cold rolled and galvanised sheet products by region.  Detailed global estimates of production, consumption and trade balances are analysed by product and region. 

In-depth commentary on current prices, market trends and news by region for hot rolled, cold rolled, coated sheet and merchant slab.  A comprehensive monthly summary of industry news.

CRU is pleased to announce that it will now be increasing the frequency of its assessments of hot-rolled coil prices in the US midwest.  Two assessments will now be published each calendar month.

  • The first, as normal will be published on the second Wednesday of the month in the CRU Steel Sheet Products Monitor. 
  • The second assessment will be sent on the fourth Wednesday of the month by email in our new CRU Steel Sheet Products Monitor - Prices Supplement.  The "monthly average price" will be calculated from the two assessments published, and will be contained in our Prices Supplement.

For more information on CRU's price assessments, and the procedures/ methodology that we employ, please visit www.crusteelprices.com, and click "METHODOLOGY".

Contact
For more information, please contact:

tel: +44 20 7903 2029
email: sales@crugroup.com

 
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NEW!   Want to know more about the final part of your supply chain?  
Click here to read about CRU's Metal PMIs - lead indicators for the Steel, Aluminium and Copper industries, designed to help you understand where your industry is heading, at what speed and why.



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