Commodities - Steel

Steel

Elevate your steel strategy from ore to recycling

At CRU, we know steel inside out. Our market insight dives deep into the entire steel supply chain — from iron ore, coal, and ferroalloys, all the way to DRI/HBI, hot metal, crude steel, slab, billet, and even down to finished steel and end-of-life scrap. Our models are fully integrated across the steel value chain.

Partner with us to get valuable access to our team of steel industry experts, with over 150 years of combined experience. They're ready to engage with you regularly, for in-depth discussions, to support your decision-making and help you navigate everything from price negotiations and daily operations, to crafting robust, long-term strategies. Together, we can unlock your competitive advantage.

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Steel coil

"The CRU"

CRU’s Steel team supplies the leading index for steel prices in the USA – known as “The CRU” (our US HR coil, Midwest price). Used in most contract prices in this market and reaching beyond the US, it is the go-to price for steel.

Built on a solid foundation of a strict transaction-only methodology with diverse data provision from suppliers (mills) and direct buyers, The CRU is the only true representation of spot market prices in the US steel industry. This is combined with our industry-embedded community, Steel Market Update, which surveys the market for sentiment, inventory and a wider array of other indicators to supplement the deep insight our analysts provide our clients.  

CRU’s wider ferrous coverage follows this same approach across all that we do, from price assessments to supply and demand forecasts. Our work is data-led, with insight generated through methodologies that have been honed by industry experts over decades.

It is this expertise, data and insight that helps our clients deliver the very best outcomes for their businesses. Our coverage of carbon steel and raw materials is complemented and enhanced by our coverage of stainless steel and raw materials.

Steel coverage includes:

Steel Prices

Get accurate steel price assessments and insights from CRU, covering metallics, stainless steel, raw materials, steel plate, and hot rolled coil, including The CRU.

The CRU: US Midwest Hot-rolled Steel Coil Index

The CRU is used in the settlement of CME's US Midwest Domestic Hot-Rolled Coil Steel (CRU) futures contract and was the first index to have its data providers . . .

Supply and Demand

We provide you with crucial consumption, production, capacity, trade, market balance and inventory data across the mining, metals, fertilizer and battery value chains.

Forecasts and Scenarios

Navigate Commodity Markets with Timely Forecasts and Strategic Scenarios

Asset Data: Supply, Costs, Emissions and Valuations

Our detailed insights into costs, production, emissions performance and valuations empower you to make informed decisions and drive your business forward.

Macroeconomic and End-use Demand and Cost Drivers

International macroeconomic analysis empowering your decision making. CRU’s macroeconomic analysis enables you to make informed choices, mitigate risks, and seize opportunities across the global commodities markets

Market and Industry Trends and Themes

Benefit from CRU’s extensive experience in analysing commodity market trends, dynamics and macro factors to make informed decisions

Expert Interpretation of Market Data and Events

Benefit from expert market data and knowledge to identify key dynamics, assess implications, and stay ahead in the commodity market

Specialist Analyst Support

Our experienced analysts, equipped with proprietary data and extensive networks, empower your decision-making processes and facilitate interactions with stakeholders.

Economic and Sustainability Policy and Regulation

CRU offers a comprehensive suite of economic and sustainability insights that enable businesses to navigate the complex and rapidly evolving landscape of climate change and the energy transition. 

Sustainability and Emissions

CRU’s Sustainability Service offers insights on the sustainability value chain, emissions trends, carbon markets and the costs of renewable and alternative energy sources

Clean Technologies

Stay ahead in navigating the sustainable energy landscape and make informed decisions with insights about clean technology.

Featured Event

SMU Steel Summit 2025

25-27 August 2025 - Atlanta, GA, USA
Learn More
SMU Steel Summit auditorium

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