Paul moved to CRU's newly-formed Sustainability team in August 2021 where he is working closely with clients and internally on carbon market and energy transition issues. Paul joined CRU in 2012 and, latterly, was responsible for CRU's analysis across the whole steel value chain, from raw materials through to finished steel, as well as CRU's Steel cost services, a comprehensive suite of cost models covering iron ore mining, coal mining, steelmaking and ferroalloys operations worldwide.
Paul has 31 years' experience in the steel industry, having worked for Tata Steel, Corus, British Steel and the International Iron and Steel Institute (now the WorldSteel Association) in a range of environmental, strategic, business development, planning and technical roles.
Paul holds an MBA from Warwick Business School, a Ph.D in Theoretical Chemistry and a BSc. Honours Chemistry degree from Manchester University. He is a Chartered Chemist and Member of the Royal Society of Chemistry (CChem MRSC). Paul is based in CRU's Singapore office.
Despite further gas-to-coal shifting and weak nuclear and hydro power generation, which will lift EUA demand, we forecast the EUA auction price will fall in the next four...