What is CRU Steel

CRU will now publish its flat steel price estimates on a weekly basis

16.04.2012 – 11:42

CRU Group

LONDON, April 23 / PRNewswire /

After extensive research and development work, CRU will publish its price estimates for German hot and cold rolled coils, hot-dip galvanized coils and sheets and also for Italian sheets every Wednesday from April 18, 2012.

Commenting on this, John Kovacs, CRU analyst for European flat products: "We have been publishing our price estimates for European sheet metal products every month for over 20 years. Now that we have been very successful in doing weekly publications in Italy, we think the time has come is to publish our price estimates more frequently in Germany and Italy. Weekly data make it easier for us to provide better insights into market developments, which on the other hand allows us to provide our customers with even more reliable comments and analyzes.

Glenn Cooney, Head of CRU Indices, said, "In addition to the most widely read weekly steel index, the CRU US Midwest HRC; we now have 16 weekly HRC, CRC, HDG and heavy plate indices in the US, Germany, Italy and China. We will continue to expand our portfolio and will also increase the frequency of our publications over the course of the year. "

CRU's steel price estimates can only be read by data suppliers, licensees or subscribers. To get a free sample copy, visit http://www.cruindices.ciom.

Notes to editors

CRU Indices is a division of the CRU Group? the world's leading independent business analysis and advisory group focusing on the metals, mining, fertilizers and chemicals sectors. CRU Indices publishes market leading, independent carbon steel price ratings. CRU's US Midwest HRC price ratings are used in determining the price of CME's Hot-Rolled Coil Steel Futures and Options Contracts. More information is available at http://www.cruindices.com

* CRU's Steel Sheet Products Monitor covers the global sheet steel products market and provides accurate price evaluations, market commentary and analysis. Examples are available at http://www.crugroup.com.

Contact John Kovacs Principal Consultant - Carbon Steel CRU Analysis Tel .: + 44-20-7903-2313 Email: [email protected] Glenn Cooney Head of Operations CRU Indices Tel .: + 44-20-7903-2056 E. -Mail: [email protected]

Original content by: CRU Group, transmitted by news aktuell