Latest CRU Group Stories

LONDON and PITTSBURGH, June 5, 2013 /PRNewswire/ -- After a 12 month planning period, CRU has engaged a leading Big 4 audit firm to carry out an audit of its Level 2.0 price assessments: US Midwest hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil and plate. The audit will have two key functions. Firstly, the data providers will complete a detailed electronic survey and a sample of providers will be selected for an on-site visit. Secondly, CRU's...

LONDON, February 19, 2013 /PRNewswire/ -- A recent paper by CRU sets out the impact of CO2 charging on the cost structure of the EU steel industry, quantifies the effect on profitability and identifies the reductions in production volume that are likely to occur under different CO2 price scenarios. Under a CO2 price of EUR30, analysis suggests that crude steel production in Europe could fall by 9%, with profitability falling by as much as 27%. With the majority of steelmakers...

LONDON, January 30, 2013 /PRNewswire/ -- The CRU index has withstood challenges over 33 years as it has evolved from a monthly spot price appraisal to the most robust, transparent methodology available today. What began 33 years ago has now been in full use since 2008 as the price index used to settle CME's U.S. Midwest HRC steel futures and options contracts, as well as thousands of physical market contracts over the last decade. The U.S. Midwest HRC, which began in...

CHICAGO, October 10, 2012 /PRNewswire/ -- CRU North American Steel Conference Chicago, USA, 29-30 October 2012 With an improvement in labour trends, an internationally competitive cost base and the prospect of a unified recovery across industrial, agricultural and construction, the outlook for the US steel is improving. At this year's North American Steel Conference [http://www.nasteelconference.com ] find out: - The latest...

TORONTO, August 28, 2012 /PRNewswire/ -- "Taxation And Royalties - How The Landscape Is Changing" will be the keynote session at this year's mining risk summit [http://www.miningrisks.com ], with expert speakers from Control Risks, KPMG and TD Asset Management leading the discussion. Regional views [http://www.crugroup.com/events/miningrisks/programme ] from Quebec, China, Africa, Latin America, Indonesia and Mongolia will be shared by a diverse group of experts,...

LONDON, August 23, 2012 /PRNewswire/ -- CRU North American Steel Conference Chicago, USA, 29-30 October 2012 'The opportunities and challenges facing the US steel industry in 2013 and beyond' opens the North American Steel Conference [http://www.nasteelconference.com ], bringing together North America's leading steel producers, consumers and service centres. Confirmed speakers include a range of senior management from the steel industry...

ABU DHABI, U.A.E., April 12, 2012 /PRNewswire/ -- Keynote presentation looking at "the key strategic threats for aluminium producers" with Saeed Fadhel Al Mazrooei, President and CEO, EMAL, Jacynthe Cote, CEO, Rio Tinto Alcan, Abdulla J.M. Kalban, President and CEO, DUBAL, Phil Martens, President and CEO, Novelis Inc, Chris Ayers, EVP and President of Global Primary Products, Alcoa CRU's 17th World Aluminium Conference will take place from 30 April - 2 May 2012 during...

LONDON, January 31, 2011 /PRNewswire/ -- Following a nine month research and development period, CRU will publish a definitive weekly Italian hot-rolled coil index each Wednesday from 2nd March 2011. CRU has published monthly Italian hot-rolled coil price assessments for over 20 years. When asked why he felt the timing was right to move to weekly John Kovacs, who oversees CRU's European flat products analysis, commented, "With such continued and sustained price volatility, more...

By Julie Crust Sliding zinc prices are taking their toll on mining companies, but the market will not turn around anytime soon, industry analysts say. Mine closings and production cuts have occurred as energy, labor and equipment costs rise while zinc prices drop. And the pain will continue. The question is whether weak demand and global oversupply will keep prices falling into 2010, or whether the market will turn around next year. "We would need very, very, very significant production...