News from cru A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages

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26 May, 2020, 11:35 BST CRU's Bold Calls on China Stimulus Were Right

The 22nd May marked the first day of China's 2020 National People's Congress. The overall message from this meeting was to achieve macroeconomic...


25 May, 2020, 09:00 BST CRU: Multi Commodity Outlook

Over Q1 2020, COVID-19 has developed from an emerging threat to a transformational reality with potentially long-lasting effects on economic growth....


21 May, 2020, 17:56 BST CRU: China to Announce More Than RMB 5tn of Stimulus

China will set out its major economic objectives and policy goals for 2020 at the National People's Congress. We expect fiscal stimulus of 5-8% of...


20 May, 2020, 09:00 BST CRU: Metallic Wire & Cable: Market in Turmoil Amid COVID-19 Crisis

The outbreak of COVID-19 has developed into an ongoing global pandemic, with epicentres shifting from China to Europe and North America. As the...


15 May, 2020, 09:00 BST CRU: EU Steel: Why Carbon Matters More with COVID-19

The European steel industry in crisis again? Sure enough, the industry is currently facing a perfect storm of collapsing demand, prices and high iron ...


13 May, 2020, 09:00 BST CRU: India: Lockdown Casts a Spell on Growth as Recession Looms

India is expected to enter recession following the quarantine imposed on the world's second most populous country. The recent plunge in the PMI...


12 May, 2020, 09:00 BST CRU: What do South African Restarts Mean for Chrome Ore Prices

In a previous CRU Insight, we discussed the effect that the South African lockdown, announced 26 March, would have on the chromium market. Since then ...


07 May, 2020, 12:18 BST CRU: Demystifying the U, V and L Recession Shapes

Many are still discussing what type of recession will ensue following the COVID-19 pandemic. Will it be U, V or L–shaped? Different people may refer...


07 May, 2020, 09:30 BST CRU: Five Critical Uncertainties Facing the Steel Raw Materials Market due to COVID-19

The market impacts of COVID-19 are unknown in scale, varied and staggered in time across the world. The steel raw materials markets are being...


07 May, 2020, 09:00 BST CRU: China Finally Settles New Potash Contract, but Will it Stop the Spot Market Rot

After a wait of more than 19 months, China's importing consortium finally agreed a new potash contract on April 30. Settled at $220 /t CFR with BPC,...


29 Apr, 2020, 17:09 BST CRU: HDG Futures: A Game-changing Tool for Steel Mills, Service Centres and End Users

Continued steel price volatility has led to wider adoption of CME Group's HRC futures contract. Yet due to volatility in the difference between...


29 Apr, 2020, 17:03 BST CRU Group Appoints New Chief Financial Officer

CRU is pleased to announce the appointment of William Etchell as Chief Financial Officer, based in the London headquarters. William joins CRU from...


23 Apr, 2020, 16:14 BST CRU Completes Another IOSCO Independent Assurance Audit

CRU has appointed an independent professional service company, PricewaterhouseCoopers LLP ("PwC"), to perform an independent examination of the CRU...


23 Apr, 2020, 11:49 BST CRU: Houston, We've had a Problem - US Oil Price Goes Negative

The international oil markets have been under severe pressure since the outbreak of COVID-19 with the rapid destruction of crude oil and oil product...


21 Apr, 2020, 09:00 BST CRU: China's First Ever Negative Quarterly GDP Growth

China published its GDP growth rate for the first quarter of 2020. GDP grew by -6.8% y/y in Q1 and -9.8% q/q, the first ever negative figure since...


20 Apr, 2020, 15:29 BST CRU: COVID-19 and Fertilizers: Five Things to Know

The COVID-19 pandemic has widespread implications for commodity markets, and fertilizers are no exception. The agricultural sector has been caught...


27 Mar, 2020, 16:57 GMT CRU: What Does COVID-19 Mean for South African Chromium Supply and Logistics

LONDON, March 27, 2020 The spread of COVID-19 is now impacting ore and alloy operations globally. Logistical restrictions and reconsiderations of raw ...


26 Mar, 2020, 11:51 GMT CRU: Chinese EV Sales Hit by the Covid-19 Outbreak

The global outbreak of coronavirus Covid-19 has killed more than 15,000 people and has put millions into isolation. Notwithstanding the human cost,...


24 Mar, 2020, 10:57 GMT CRU Insight: How the Mining Industry Could Invest Over the Next Five Years

Capital expenditure is a critical indicator of the health of the mining industry, and a key driver of business opportunities for investors and...


16 Mar, 2020, 10:45 GMT CRU: Saudi-Russia Price War Begins as Oil Crashes 30%

The oil market is currently facing a large degree of uncertainty. Oil prices could feasibly remain around $40/bbl for a significant period of time....


16 Mar, 2020, 10:41 GMT CRU: Whose Assets Will Become Stranded by Carbon Pricing

Climate change policy could decisively impact financial returns in the metals and mining sector. However, risks to both investors and lenders vary...


12 Mar, 2020, 09:00 GMT CRU: The Immense Decarbonisation Challenge Facing the Steel Industry

Climate change is moving up the political agenda and putting increasing pressure on heavy industry to reduce their CO2 emissions. As the largest...


10 Mar, 2020, 09:00 GMT CRU: Wire and Cable - Q1 2020 Update

CRU estimates global insulated metallic wire and cable consumption to have grown by just under 1% y/y in 2019, almost reaching 19.0 Mt conductors....


04 Mar, 2020, 11:43 GMT CRU: World Copper Conference 2020 Update

Due to the uncertainty generated by the current situation of Covid-19, we have made the difficult decision to cancel the World Copper Conference on...


25 Feb, 2020, 16:24 GMT CRU U.S. Midwest HDG Coil Price Index to be Used in Settlement of New CME Group Futures Contract

CRU's U.S. Midwest hot-dipped galvanised (HDG) coil base price index will be used in the settlement of the CME Group's new cash-settled U.S. Midwest...