Steel Insights, Produced by CRU Group

• Inventory levels and low demand weigh on the U.S. sheet market
• Futures market continues to discount high mill offer prices
• Use Steel futures to manage volatilty in the Steel market

CRU provides a complete view of the steel industry across the value chain through market analysis and forecasts, market-leading price assessments, and comprehensive cost services ‒ all driven by a global team of analysts using CRU’s robust and transparent methodologies.

Our market analysis focuses on supply and demand fundamentals, price dynamics, and forecasts for the entire value chain from raw materials to end-user sectors.

Covering all major markets, our price indices are established benchmarks on which supply chain partners can confidently base transactions. For example, CRU’s US Midwest Hot Rolled Coil price is the leading steel benchmark in North America and is also used in the settlement of futures and options contracts from CME Group.

The opinions and statements contained in the commentary on this page do not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs. This content has been produced by Inspirante Trading Solutions Pte Ltd. CME Group has not had any input into the content and neither CME Group nor its affiliates shall be responsible or liable for the same.

CME GROUP DOES NOT REPRESENT THAT ANY MATERIAL OR INFORMATION CONTAINED HEREIN IS APPROPRIATE FOR USE OR PERMITTED IN ANY JURISDICTION OR COUNTRY WHERE SUCH USE OR DISTRIBUTION WOULD BE CONTRARY TO ANY APPLICABLE LAW OR REGULATION.