CRU: Seasonal Supply Constraints and Firm Demand Lift Prices
By CRU North America Senior Analyst Ryan McKinley, from CRU’s Steel Metallics Monitor The CRU metallics price indicator (CRUmpi) rose by 7.9 percent m/m to 211.1 (see chart) following price increases in nearly every market. Pervasive market tightness caused by adverse weather and higher domestic demand in major exporting markets forced buyers in import-reliant markets to accept higher […] The post CRU: Seasonal Supply Constraints and Firm Demand Lift Prices appeared first on Steel Market Update.