“CRU is a great tool when looking at a buy or looking at your current inventory.”
The growth in the use of independent assessments of steel prices has been particularly the case since 2004, reflecting the significant increase that has been observed in steel price volatility. In some markets, independent assessments of steel prices are now being used in:
Our assessment of U.S. hot-rolled coil steel is used in the settlement of CME Group’s ‘U.S. Midwest Domestic Hot-Rolled Coil Steel Futures and Options Contracts’.
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