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Paul Butterworth

Research Manager, Steel Raw Materials and Steel Costs View profile

Through market analysis and forecasts, price assessments and cost services, CRU gives you an all-encompassing view of the steel industry’s raw materials, with an understanding of connected commodities globally.

Our comprehensive market analysis explores market trends for iron ore, metallurgical coal and metallurgical coke, through supply, demand, trade and price fundamentals. CRU’s global team of experts, multi-commodity coverage and in-house economics team provide insights on the steel industry worldwide throughout the supply chain. We produce forecasts for five and 25 years for iron ore and metallurgical coal.

Relying on our robust and transparent methodology, CRU publishes price assessments for iron ore, metallurgical coal, metallurgical coke and metallics in North America, Europe and Asia.

Our cost services provide unparalleled detail on production costs at mines around the world, with close to 100% coverage globally, including for China, offering a deep understanding of the competitive landscape.

You can engage directly with our Steel analysts based in London, Beijing, Hong Kong, Mumbai, Pittsburgh, Shanghai, Santiago and Sydney for market intelligence and topical insight.


  • Iron Ore
    • – Fines
    • – Lump
    • – Pellets
  • Metallics
    • – DRI
    • – Pig Iron
    • – Scrap
  • Metallurgical Coal
    • – Hard Coking Coal
    • – Injection Coal (PCI)
    • – Semi Soft Coking Coal
  • Metallurgical Coke


Find out more about CRU’s Analysis services

CRU's unique services are the product of both our in-depth understanding of the markets and close contact with our customers. We want to hear from you.

In the spotlight

The Latest from CRU


Chinese coke capacity to fall in the coming decade

The Chinese steel value chain suffered great losses in late-2015 due to structural over-capacity. The government has since conducted a ‘supply-side’ reform by eliminating...

By Richard Lu 02 April 2019   
Topic: Steelmaking Raw Materials


New York Steel Briefing

Topics: Steel, Steelmaking Raw Materials


Hong Kong Mining and Metals Briefing

Topics: Aluminium, Aluminium Raw Materials, Coal, Copper, Lead, Nickel, Steel, Steelmaking Raw Materials, Tin, Zinc


Singapore Iron Ore and Coal Briefing

Topics: Coal, Steel, Steelmaking Raw Materials


  • Paul Butterworth

    Research Manager, Steel Raw Materials and Steel Costs Singapore
  • Chris Asgill

    Principal Analyst London
  • Laura Brooks

    Principal Consultant London
  • Paulo Carvalho

    Principal Consultant London
  • Toby Green

    Senior Consultant Sydney

We provide more services...