Why Steel Price Movements Matter to your Business

Sheet metal pricing matters when you assess a supplier’s offer, prepare for a contract renewal or compare the cost of existing stock with the cost of replenishment.

You may already use prices, supplier updates, market reports and internal analysis. Understanding metal markets today means identifying the developments relevant to your product mix and regions and considering what they mean for replacement costs, inventory exposure and customer pricing.

CRU stays up to date with developments across global steel markets, providing current analysis of supply, demand, trade policy and wider economic conditions. Our published carbon steel methodology explains how relevant price assessments are produced, helping your team evaluate the references it uses in negotiations and pricing discussions.

Discuss you steel pricing requirements

Support important business decisions

Service centres and distributors balance purchasing costs, inventory availability, lead times and customer commitments. Relevant product and regional references help your teams bring a consistent market perspective to those discussions.

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Purchasing and supplier negotiations

Compare supplier price movements with relevant assessments and historical trends. Prepare for negotiations and contract renewals using references that fit your products, sourcing regions, volumes and delivery requirements.

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Inventory and replacement-cost planning

Review market movements alongside stock costs, replenishment lead times and customer demand. CRU’s steel forecasts can add a forward-looking perspective to discussions about replacement costs, inventory exposure and working capital. Forecast coverage and access depend on the service selected.

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Commercial pricing and customer negotiations

Bring a consistent external market reference to quotations, price reviews and customer-contract discussions. Consider it alongside stock costs, expected replacement costs, processing, freight and commercial terms.

 

Explore Steel Price Coverage

CRU Steel Price Assessments and Market Analysis Coverage

HBI
  • Italy HBI CFR
  • South Korea HBI CFR
  • US HBI 90-94% Fe FOB
  • Venezuela HBI FOB
Pig Iron
  • Black Sea Pig Iron FOB
  • Brazil-North Pig iron FOB
  • Brazil-South Pig iron (deliv.)
  • Brazil-South Pig iron FOB
  • Italy Pig Iron CFR
  • South Korea Pig Iron CFR
  • US Pig Iron 92% Fe FOB
Scrap
  • Black Sea A3 FOB
  • Brazil-South Shredded (deliv.)
  • China HMS #1 Jiangsu (deliv.)
  • France E3 (deliv.)
  • France Shredded (deliv.)
  • Germany E3 (deliv.)
  • Germany Shredded (deliv.)
  • Italy E3 (deliv.)
Scrap
  • Italy Shredded (deliv.)
  • Japan H2 FOB
  • Japan H2 Kansai (deliv.)
  • Japan H2 Kanto (deliv.)
  • Rotterdam E3 FOB
  • Rotterdam Shredded FOB
  • South Korea HMS #1 CFR (N.A. orig.)
  • Spain E3 (deliv.)
Scrap
  • Spain Shredded (deliv.)
  • Turkey HMS 80:20 CFR
  • Turkey Shredded CFR
  • UK E3 (deliv.)
  • UK Shredded (deliv.)
  • US Factory Bundles Chicago (deliv.)
  • US Factory Bundles Philadelphia (deliv.)
  • US Factory Bundles Pittsburgh (deliv.)
Scrap
  • US HMS #1 Chicago (deliv.)
  • US HMS #1 East Coast FAS
  • US HMS #1 Philadelphia (deliv.)
  • US HMS #1 Pittsburgh (deliv.)
  • US Shredded Chicago (deliv.)
  • US Shredded East Coast FAS
  • US Shredded East Coast FAS
  • US Shredded Philadelphia (deliv.)
Scrap
  • US Shredded Pittsburgh (deliv.)
Cold-rolled Grade 304 (2mm)
  • China Export FOB
  • China Trader
  • France
  • France Alloy
  • France Base
  • Germany
  • Germany Alloy
  • Germany Base
Cold-rolled Grade 304 (2mm)
  • Italy
  • Italy Alloy
  • Italy Base
  • Japan
  • Spain
  • Spain Alloy
  • Spain Base
  • UK
Cold-rolled Grade 304 (2mm)
  • UK Alloy
  • UK Base
  • USA
  • USA Alloy
  • USA Base
Cold-rolled Grade 430 (2mm)
  • China Export FOB
  • China Trader
  • France
  • France Alloy
  • France Base
  • Germany
  • Germany Alloy
  • Germany Base
Cold-rolled Grade 430 (2mm)
  • Italy
  • Italy Alloy
  • Italy Base
  • Japan
  • Spain
  • Spain Alloy
  • Spain Base
  • UK
Brazil, Export
  • Billet, FOB
  • LC wire rod, FOB
  • Rebar, FOB
China
  • Billet, ex-mill Tangshan
  • LC wire rod, ex-Shanghai warehouse
  • Merchant bar, ex-Shanghai warehouse
  • Rebar, ex-Shanghai warehouse
  • Structurals, ex-Shanghai warehouse
China, Export
  • Billet, FOB
  • LC wire rod, FOB
  • Rebar, FOB
  • Structurals, FOB
CIS, Export
  • Billet, FOB
  • LC wire rod, FOB
  • Rebar, FOB
Europe, Export
  • HC wire rod, FOB
  • LC wire rod, FOB
  • Rebar, FOB
Far East, Import
  • Billet (CIS origin), CFR
  • HC wire rod (non-CIS origin), CFR
  • LC wire rod (non-CIS origin), CFR
  • Merchant bar (non-CIS origin), CFR
  • Rebar (non-CIS origin), CFR
  • Structurals (non-CIS origin), CFR
France
  • HC wire rod, deliv.
  • LC wire rod, deliv.
  • Merchant bar, deliv.
  • Rebar, deliv.
  • Structurals, deliv.
Germany
  • HC wire rod, deliv.
  • LC wire rod, deliv.
  • Merchant bar, deliv.
  • Rebar, deliv.
  • Structurals, deliv.
India, Delhi
  • LC wire rod, ex-warehouse
  • Rebar, deliv.
India, Mumbai
  • LC wire rod, deliv.
  • Rebar, deliv.
  • HC wire rod, deliv.
Italy
  • Billet, deliv.
  • HC wire rod, deliv.
  • LC wire rod, deliv.
  • Merchant bar, FOB Brescia
  • Rebar, FOB Brescia
  • Structurals, deliv.
Spain
  • HC wire rod, deliv.
  • LC wire rod, deliv.
  • Rebar, deliv.
  • Structurals, deliv.
Turkey, Export
  • LC wire rod, FOB
  • Rebar, FOB
UAE
  • Rebar, deliv.
UK
  • HC wire rod, deliv.
  • LC wire rod, deliv.
  • Rebar, deliv.
  • Structurals, deliv.
USA, Midwest
  • HC wire rod, FOB mill
  • LC wire rod, FOB mill
  • Merchant bar, FOB mill
  • Rebar, FOB mill
  • Structurals, FOB mill
Plate
  • China, ex-Shanghai warehouse
  • Far East, import (non-CIS origin), CFR
  • Germany, deliv.
  • India, Mumbai, deliv.
  • Italy, deliv.
  • Japan, export, FOB
  • UK, deliv.
  • USA, Midwest, FOB mill
Iron Ore
  • Australia 62% Fe fines FOB contract
  • Brazil 64% Fe fines FOB contract
  • China 58% Fe fines CFR spot
  • China 62% Fe fines CFR (AU orig.) contract
  • China 62% Fe fines CFR spot
  • China 62% Fe lump CFR (AU orig.) spot
  • China 64% Fe fines CFR (BR orig.) contract
  • China 64% Fe fines CFR (BR orig.) spot
Iron Ore
  • China 64% Fe fines CFR (BR orig.) spot
  • China 66% Fe fines Hebei (domestic) spot
Metallics
  • Rotterdam, Holland E3 FOB
  • South Korea HMS #1 CFR (N.A. orig.)
  • US HBI 90-95% Fe FOB
  • US HMS #1 Chicago (deliv.)
  • US Pig Iron 92% Fe FOB
Metallurgical Coal
  • Australia Hard coking coal FOB Spot
  • Australia HCC FOB Quarterly contract
  • Australia PCI FOB Quarterly contract
  • Semi-soft Coking Coal FOB Quarterly contract
Metallurgical Coke
  • China 12.5% ash domestic
  • China 12.5% ash FOB
Brazil
  • CR coil, ex-SE Brazil warehouse
  • HR coil, ex-SE Brazil warehouse
Brazil, Export
  • CR coil, FOB
  • HR coil, FOB
  • Slab, FOB
China
  • CR coil, ex-Shanghai warehouse
  • HDG coil, ex-Shanghai warehouse
  • HR coil, ex-Shanghai warehouse
CIS, Export
  • CR coil, FOB
  • HR coil, FOB
  • Slab, FOB
Far East, Import
  • CR coil (CIS origin), CFR
  • CR coil (non-CIS origin), CFR
  • HDG coil (CIS origin), CFR
  • HDG coil (non-CIS origin), CFR
  • HR coil (CIS origin), CFR
  • HR coil (non-CIS origin), CFR
  • Slab (non-CIS origin), CFR
France
  • CR coil, parity point
  • HDG coil, parity point
  • HR coil, parity point
Germany
  • CR coil, parity point
  • HDG coil (base), parity point
  • HDG coil (coating extra)
  • HDG coil, parity point
  • HR coil, parity point
India, Delhi
  • CR coil, deliv.
  • HDG coil, deliv.
  • HR coil, deliv.
India, Mumbai
  • CR coil, deliv.
  • HDG coil, deliv.
  • HR coil, deliv.
Italy
  • CR coil, parity point
  • HDG coil (base), parity point
  • HDG coil (coating extra)
  • HDG coil, parity point
  • HR coil, parity point
Japan, Export
  • CR coil, FOB
  • HDG coil, FOB
  • HR coil, FOB
Spain
  • CR coil, parity point
  • HDG coil, parity point
  • HR coil, parity point
Turkey, Export
  • CR coil, FOB
  • HR coil, FOB
UK
  • CR coil, parity point
  • HDG coil, parity point
  • HR coil, parity point
USA, Import
  • Slab, CFR
USA, Midwest
  • CR coil, FOB mill
  • HDG coil (base), FOB mill
  • HDG coil (coating extra)
  • HDG coil, FOB mill
  • HR coil, FOB mill

A pricing reference for businesses trading US Midwest HRC

When a supplier changes its offer or a customer questions a quote, a relevant market reference can help put the change into context.

For service centres and distributors trading US Midwest hot-rolled coil, The CRU provides a weekly, transaction-based HRC steel price index.

The carbon steel methodology explains the relevant specifications and assessment process. Review these details to assess the index’s relevance to supplier negotiations, customer-pricing discussions and contract reviews. Use in commercial contracts requires the appropriate licence.

Explore The CRU US Midwest Hot-rolled Coil Price Index

Put Current Market Developments and Steel Forecasts into Context

Changes in steel supply, demand and trade policy can affect purchasing costs and customer pricing. CRU’s market analysis follows these developments, while our steel forecasts provide a forward view to inform inventory planning and commercial discussions.

Start with the products and regions that matter to your stock and customer base. Explore CRU’s coverage across sheet, plate and long products, with relevant stainless steel coverage where required, and learn more about our approach to forecasts and scenarios

CRU’s steel coverage spans sheet, plate, long products, stainless steel flat products, metallics and steelmaking raw materials. Explore the relevant price assessments, monitors and forecasts for the products and regions your business trades.

Discover CRU Steel Market Intelligence

FAQs

Coverage, publication frequency, historical information and authorised access depend on the service and agreement. Confirm the relevant series and inclusions before subscribing.

Focus on assessments and analysis relevant to the products and regions you trade. Review market movements alongside supplier quotes, stock costs, lead times and customer demand, rather than relying on broad metals headlines.

That depends on your product specifications and geographic market. For distributors and service centers trading US Midwest hot-rolled coil, The CRU price index is a benchmark to consider. Review its scope and methodology before applying it to your pricing discussions.

Relevant assessments, historical price movements and market analysis can help your team prepare for supplier and customer discussions. Consider them alongside specifications, volumes, delivery requirements and commercial terms. They provide market context, not a prescribed purchase or selling price.

CRU publishes separate methodologies for carbon steel, stainless steel and steelmaking raw materials and thermal coal. Each guide explains the relevant specifications, geographic scope and assessment process, including how market information is evaluated. Review the guide relevant to the materials your business trades.

Yes. CRU provides steel market analysis and forecasts across its steel coverage. These can add a forward-looking perspective to purchasing plans, inventory reviews and contract discussions. Coverage, forecast horizons and access depend on the service selected. Explore our steel market intelligence for more information.

Publication frequency and historical availability vary by assessment. We can confirm the series and schedules relevant to your workflow.

CRU offers licensing for commercial contract use. Subscription access alone should not be assumed to cover contractual use or external sharing. Review our licensing options to confirm the permissions required.

Yes. Contact your CRU account manager to review your existing access against the products, markets and decisions relevant to your business.

Discuss your Steel Pricing Requirements

Whether you’re reviewing replacement costs, preparing for a customer-contract renewal or planning replenishment, we can help you explore CRU coverage relevant to your product mix and regions.

Alongside steel prices and steel market analysis and forecasts, CRU offers events and webinars to help your team stay informed as market conditions change.

Tell us which products you trade, where you source and sell them, and which pricing or inventory questions your team needs to address.

Contact our Team