CRU Group
@crugroup.bsky.social
CRU provides independent expert intelligence on the global metals, mining & fertilizer industries through market insight, commodity data & price assessments, strategic consultancy and communities & events.
Visit www.crugroup.com to learn more.
Visit www.crugroup.com to learn more.
US policy shifts may slow #renewables build-out, leading to lower steel demand. We expect a gradual rise in renewables-related steel intensity by 2040. Read our detailed analysis: https://ow.ly/mT9X50XUZg0
#Steel #USPolicy
#Steel #USPolicy
January 20, 2026 at 2:01 PM
US policy shifts may slow #renewables build-out, leading to lower steel demand. We expect a gradual rise in renewables-related steel intensity by 2040. Read our detailed analysis: https://ow.ly/mT9X50XUZg0
#Steel #USPolicy
#Steel #USPolicy
Since 1 Jan, CBAM is in force. What is it, who does it affect, and how will it reshape European markets? CRU experts discuss compliance and costs with L'Usine Nouvelle.
Read more: https://ow.ly/qNBw50XZvT9
#CBAM #EU #CarbonPricing #Trade #Sustainability
Read more: https://ow.ly/qNBw50XZvT9
#CBAM #EU #CarbonPricing #Trade #Sustainability
Il pourrait bouleverser les flux commerciaux vers l’Europe : on vous explique comment fonctionne le mécanisme d’ajustement carbone aux frontières, en vigueur depuis le 1er janvier
Les importateurs de ciments, d’acier, d’aluminium ou d’engrais en Europe sont soumis depuis début 2026 au mécanisme d’ajustement carbone aux frontières, qui impose une taxe sur le contenu CO2 de ces produits à l’entrée du marché européen. Mode d’emploi d’un mécanisme … très complexe.
ow.ly
January 19, 2026 at 10:01 AM
Since 1 Jan, CBAM is in force. What is it, who does it affect, and how will it reshape European markets? CRU experts discuss compliance and costs with L'Usine Nouvelle.
Read more: https://ow.ly/qNBw50XZvT9
#CBAM #EU #CarbonPricing #Trade #Sustainability
Read more: https://ow.ly/qNBw50XZvT9
#CBAM #EU #CarbonPricing #Trade #Sustainability
2025 global EV demand stayed strong: ~22m EVs (+22% y/y), incl. ~14m BEVs—nearly 1 in 5 vehicles. Momentum is diverging: China BEVs accelerating, Europe rebounding, N-America softening amid policy headwinds.
Explore how CRU can help you navigate the market trends. https://ow.ly/31KA50XXarT
Explore how CRU can help you navigate the market trends. https://ow.ly/31KA50XXarT
January 16, 2026 at 9:00 AM
2025 global EV demand stayed strong: ~22m EVs (+22% y/y), incl. ~14m BEVs—nearly 1 in 5 vehicles. Momentum is diverging: China BEVs accelerating, Europe rebounding, N-America softening amid policy headwinds.
Explore how CRU can help you navigate the market trends. https://ow.ly/31KA50XXarT
Explore how CRU can help you navigate the market trends. https://ow.ly/31KA50XXarT
2026 won’t be defined by one market—it’ll be defined by policy, bottlenecks, and AI-led demand. Our Top Calls for Commodity Markets in 2026 are now available for immediate download.
https://ow.ly/yrJb50XWcnG
#Commodities #EnergyTransition #TradePolicy #TopCalls2026
https://ow.ly/yrJb50XWcnG
#Commodities #EnergyTransition #TradePolicy #TopCalls2026
January 15, 2026 at 2:02 PM
2026 won’t be defined by one market—it’ll be defined by policy, bottlenecks, and AI-led demand. Our Top Calls for Commodity Markets in 2026 are now available for immediate download.
https://ow.ly/yrJb50XWcnG
#Commodities #EnergyTransition #TradePolicy #TopCalls2026
https://ow.ly/yrJb50XWcnG
#Commodities #EnergyTransition #TradePolicy #TopCalls2026
Iron ore hits strongest level since Feb on China stimulus hopes + pre-Lunar New Year restocking, Reuters reports via TradingView. CRU’s Liz Gao weights in expert insights. Read the full article ow.ly/f4i250XTZso
#IronOre #CRU
#IronOre #CRU
Iron Ore Prices Climb to Highest Level Since February
Iron ore prices have moved higher, reaching the strongest level since February, as expectations build around additional macroeconomic support from China and restocking activity ahead of the Lunar New ...
ow.ly
January 11, 2026 at 11:20 AM
Iron ore hits strongest level since Feb on China stimulus hopes + pre-Lunar New Year restocking, Reuters reports via TradingView. CRU’s Liz Gao weights in expert insights. Read the full article ow.ly/f4i250XTZso
#IronOre #CRU
#IronOre #CRU
A billion-dollar copper shortcut? CRU analysis suggests Collahuasi–Quebrada Blanca integration could unlock ~156 kt/y extra copper with ~US$1.9bn capex—by using existing mill capacity smarter, not building more.
Read more: https://ow.ly/zkea50XSxe3
Read more: https://ow.ly/zkea50XSxe3
January 10, 2026 at 9:00 AM
A billion-dollar copper shortcut? CRU analysis suggests Collahuasi–Quebrada Blanca integration could unlock ~156 kt/y extra copper with ~US$1.9bn capex—by using existing mill capacity smarter, not building more.
Read more: https://ow.ly/zkea50XSxe3
Read more: https://ow.ly/zkea50XSxe3
Vanadium prices set to rise in late 2026 on tighter supply and rising VRFB demand. 2024–25 weakness saw output cuts; VRFB pipeline remains robust.
CRU analysts break down the forecast in this article. https://ow.ly/4l4B50XQ0bG
#Vanadium
CRU analysts break down the forecast in this article. https://ow.ly/4l4B50XQ0bG
#Vanadium
Vanadium market prices to recover by end of 2026 - CRU Group
Vanadium market prices are likely to rise from late 2026. Visit CRUGroup.com to learn how this will impact production.
www2.crugroup.com
January 9, 2026 at 9:00 AM
Vanadium prices set to rise in late 2026 on tighter supply and rising VRFB demand. 2024–25 weakness saw output cuts; VRFB pipeline remains robust.
CRU analysts break down the forecast in this article. https://ow.ly/4l4B50XQ0bG
#Vanadium
CRU analysts break down the forecast in this article. https://ow.ly/4l4B50XQ0bG
#Vanadium
Wind speeds look set to stay above average in early January, boosting wind generation and pressuring carbon prices. If winds persist beyond 10 days, EUA demand could bear more. Read more. https://ow.ly/5a3q50XR5nx
#CarbonPrice #CBAM #Renewables #Sustainability #January
#CarbonPrice #CBAM #Renewables #Sustainability #January
January 8, 2026 at 9:00 AM
Wind speeds look set to stay above average in early January, boosting wind generation and pressuring carbon prices. If winds persist beyond 10 days, EUA demand could bear more. Read more. https://ow.ly/5a3q50XR5nx
#CarbonPrice #CBAM #Renewables #Sustainability #January
#CarbonPrice #CBAM #Renewables #Sustainability #January
Venezuela's political turmoil highlights its resource sectors. The steel chain, impacted by energy constraints and aging assets, is now marginal. Read more for CRU's updated analysis on this. https://ow.ly/Rur150XSPga
#Venezuela #US #Energy #Steel
#Venezuela #US #Energy #Steel
Venezuela steel industry: Crisis now, recovery later - CRU Group
The Venezuela steel industry has moved from near-full utilisation to operation at the margins. Visit CRUGroup.com to learn how this impacts output.
www2.crugroup.com
January 7, 2026 at 10:05 AM
Venezuela's political turmoil highlights its resource sectors. The steel chain, impacted by energy constraints and aging assets, is now marginal. Read more for CRU's updated analysis on this. https://ow.ly/Rur150XSPga
#Venezuela #US #Energy #Steel
#Venezuela #US #Energy #Steel
China reintroduces steel export licences from Jan 1. Product-specific licences required. CRU analysts forecast shifts in exports, bottlenecks, and price risk. https://ow.ly/O5jC50XQ30R.
We’ll monitor January rollout and keep our clients posted.
#SteelExport #China
We’ll monitor January rollout and keep our clients posted.
#SteelExport #China
January 6, 2026 at 6:00 AM
China reintroduces steel export licences from Jan 1. Product-specific licences required. CRU analysts forecast shifts in exports, bottlenecks, and price risk. https://ow.ly/O5jC50XQ30R.
We’ll monitor January rollout and keep our clients posted.
#SteelExport #China
We’ll monitor January rollout and keep our clients posted.
#SteelExport #China
CRU Principal Analyst (Nickel Assets), Angela Durrant, contributed her expert insights to Bloomberg News regarding Indonesia as an emerging nickel market. Read the full story.
https://ow.ly/sOp350XQj7i
https://ow.ly/sOp350XQj7i
January 3, 2026 at 2:00 AM
CRU Principal Analyst (Nickel Assets), Angela Durrant, contributed her expert insights to Bloomberg News regarding Indonesia as an emerging nickel market. Read the full story.
https://ow.ly/sOp350XQj7i
https://ow.ly/sOp350XQj7i
2025 was landmark for offshore wind—big capacity gains and tech advances. Subsea cable demand to grow ~19% CAGR to 2030. For the key developments in the global subsea cable sector in 2025, read our analysis: https://ow.ly/b80y50XPXSQ
#EnergyTransition #SubseaCables
#EnergyTransition #SubseaCables
January 2, 2026 at 4:01 PM
2025 was landmark for offshore wind—big capacity gains and tech advances. Subsea cable demand to grow ~19% CAGR to 2030. For the key developments in the global subsea cable sector in 2025, read our analysis: https://ow.ly/b80y50XPXSQ
#EnergyTransition #SubseaCables
#EnergyTransition #SubseaCables
All-Solid-State Batteries (ASSB) offer higher energy density and safety, but mass adoption hinges on robust cell design and cost. Could disrupt premium battery demand within the next decade. Read more CRU's analysis: https://ow.ly/RBfv50XLnWO
December 31, 2025 at 9:00 AM
All-Solid-State Batteries (ASSB) offer higher energy density and safety, but mass adoption hinges on robust cell design and cost. Could disrupt premium battery demand within the next decade. Read more CRU's analysis: https://ow.ly/RBfv50XLnWO
Indonesia’s hilirisasi agenda drives MGA growth (2014–2024: +4.1 Mt) and modest aluminium smelting gains (~+0.3 Mt). Chinese offshoring supports expansion; Indonesia seen as a stable Guinea alternative amid supply risks.
Read CRU analysis for deeper insights. https://ow.ly/pR4X50XLmWQ
Read CRU analysis for deeper insights. https://ow.ly/pR4X50XLmWQ
December 30, 2025 at 2:00 AM
Indonesia’s hilirisasi agenda drives MGA growth (2014–2024: +4.1 Mt) and modest aluminium smelting gains (~+0.3 Mt). Chinese offshoring supports expansion; Indonesia seen as a stable Guinea alternative amid supply risks.
Read CRU analysis for deeper insights. https://ow.ly/pR4X50XLmWQ
Read CRU analysis for deeper insights. https://ow.ly/pR4X50XLmWQ
US relies on imports for most of its 54 designated critical minerals (USGS). CRU’s Willis Thomas: resilience isn’t optional—“No one buys critical minerals in bulk without considering the resilience of their supply chain.” Read more in the The Wall Street Journal article.
https://ow.ly/bZ2h50XMuYe
https://ow.ly/bZ2h50XMuYe
December 21, 2025 at 9:00 AM
US relies on imports for most of its 54 designated critical minerals (USGS). CRU’s Willis Thomas: resilience isn’t optional—“No one buys critical minerals in bulk without considering the resilience of their supply chain.” Read more in the The Wall Street Journal article.
https://ow.ly/bZ2h50XMuYe
https://ow.ly/bZ2h50XMuYe
Mozal shutdown could dent #aluminium supplies next year, Reuters via TradingView reports. CRU analyst notes Gulf exporters may fill the gap as premiums rise.
Read more: https://ow.ly/cAk550XMrUP
#Gulf #export #MozalShutdown
Read more: https://ow.ly/cAk550XMrUP
#Gulf #export #MozalShutdown
December 20, 2025 at 3:00 PM
Mozal shutdown could dent #aluminium supplies next year, Reuters via TradingView reports. CRU analyst notes Gulf exporters may fill the gap as premiums rise.
Read more: https://ow.ly/cAk550XMrUP
#Gulf #export #MozalShutdown
Read more: https://ow.ly/cAk550XMrUP
#Gulf #export #MozalShutdown
CRU forecasts strong growth in #DataCentre #metals demand by 2030: >200 GW of data centre power, >1 Mt/yr #copper and #aluminium (wire/cable), and >1000 TWh of electricity (doubling by 2040).
To read the full insight by CRU analysts, reach out to us. https://ow.ly/wIAs50XMaj2
To read the full insight by CRU analysts, reach out to us. https://ow.ly/wIAs50XMaj2
December 19, 2025 at 2:03 PM
CRU forecasts strong growth in #DataCentre #metals demand by 2030: >200 GW of data centre power, >1 Mt/yr #copper and #aluminium (wire/cable), and >1000 TWh of electricity (doubling by 2040).
To read the full insight by CRU analysts, reach out to us. https://ow.ly/wIAs50XMaj2
To read the full insight by CRU analysts, reach out to us. https://ow.ly/wIAs50XMaj2
CRU's Top Calls for #Fertilizers in 2026!
🌍 Watch our forecast on EU-CBAM impacts, tariffs, & China's policy shifts on the global fertilizers market: urea, sulphur, nitrogen, phosphate, & potash. https://ow.ly/4WBE50XJKxc
🌍 Watch our forecast on EU-CBAM impacts, tariffs, & China's policy shifts on the global fertilizers market: urea, sulphur, nitrogen, phosphate, & potash. https://ow.ly/4WBE50XJKxc
December 18, 2025 at 10:00 AM
CRU's Top Calls for #Fertilizers in 2026!
🌍 Watch our forecast on EU-CBAM impacts, tariffs, & China's policy shifts on the global fertilizers market: urea, sulphur, nitrogen, phosphate, & potash. https://ow.ly/4WBE50XJKxc
🌍 Watch our forecast on EU-CBAM impacts, tariffs, & China's policy shifts on the global fertilizers market: urea, sulphur, nitrogen, phosphate, & potash. https://ow.ly/4WBE50XJKxc
Barrick's Africa strategy is under the spotlight: could they spin off assets like Randgold? In this The Africa Report article, CRU's William Tankard says it's plausible for better returns.
https://ow.ly/Ior850XJxho
#Randgold #Africa #mining
https://ow.ly/Ior850XJxho
#Randgold #Africa #mining
Mining: Is Barrick building a next-generation Randgold in Africa?
Under shareholder pressure, Barrick is exploring a break-up of its mining operations that could spin off its African portfolio, echoing the Randgold model it absorbed in 2019.
ow.ly
December 15, 2025 at 4:02 PM
Barrick's Africa strategy is under the spotlight: could they spin off assets like Randgold? In this The Africa Report article, CRU's William Tankard says it's plausible for better returns.
https://ow.ly/Ior850XJxho
#Randgold #Africa #mining
https://ow.ly/Ior850XJxho
#Randgold #Africa #mining
China Smelter Purchasing Team (CSPT)’s plan to cut primary smelting capacity by more than 10% in 2026 could reshape China’s copper demand by removing around 1 Mt of copper-in-concentrate demand. Explore in our insight. https://ow.ly/eWbt50XGREF
#Copper #China #Demand
#Copper #China #Demand
December 12, 2025 at 9:00 AM
China Smelter Purchasing Team (CSPT)’s plan to cut primary smelting capacity by more than 10% in 2026 could reshape China’s copper demand by removing around 1 Mt of copper-in-concentrate demand. Explore in our insight. https://ow.ly/eWbt50XGREF
#Copper #China #Demand
#Copper #China #Demand
Will automakers switch back to steel from aluminium? Supply constraints, higher costs, EV/emissions shifts, and steel innovation fuel the debate.
Read CRU’s latest insight: https://www2.crugroup.com/l/707643/2025-12-09/3ztdtb
#Automotive #Steel #Aluminium #CarMakers
Read CRU’s latest insight: https://www2.crugroup.com/l/707643/2025-12-09/3ztdtb
#Automotive #Steel #Aluminium #CarMakers
Will carmakers switch back from aluminium to steel? - CRU Group
Visit CRUGroup.com to learn how supply constraints, price increases, shifts in EV and emissions policy, and more are shaping the future of automotive.
www2.crugroup.com
December 10, 2025 at 9:00 AM
Will automakers switch back to steel from aluminium? Supply constraints, higher costs, EV/emissions shifts, and steel innovation fuel the debate.
Read CRU’s latest insight: https://www2.crugroup.com/l/707643/2025-12-09/3ztdtb
#Automotive #Steel #Aluminium #CarMakers
Read CRU’s latest insight: https://www2.crugroup.com/l/707643/2025-12-09/3ztdtb
#Automotive #Steel #Aluminium #CarMakers
India's steel exports to Europe are set to fall as EU carbon tax kicks in next month, pushing mills in Africa and the Middle East. Read CRU's view in this Reuters report.
https://ow.ly/4nnN50XFR06
#EUETS #CBAM #STEEL
https://ow.ly/4nnN50XFR06
#EUETS #CBAM #STEEL
December 9, 2025 at 9:01 AM
India's steel exports to Europe are set to fall as EU carbon tax kicks in next month, pushing mills in Africa and the Middle East. Read CRU's view in this Reuters report.
https://ow.ly/4nnN50XFR06
#EUETS #CBAM #STEEL
https://ow.ly/4nnN50XFR06
#EUETS #CBAM #STEEL
Copper prices hit record highs on Dec 3, driven by a weaker dollar, supply concerns, and reduced LME warehouse availability, Mexico Business News reports, citing the CRU insight.
https://mexicobusiness.news/mining/news/copper-hits-record-highs-amid-supply-squeeze-dollar-weakness
#Copper #LME
https://mexicobusiness.news/mining/news/copper-hits-record-highs-amid-supply-squeeze-dollar-weakness
#Copper #LME
Copper Hits Record Highs Amid Supply Squeeze, Dollar Weakness
Copper hits record highs at US$11,434/t as supply concerns, negative premiums, and US demand drive tensions.
mexicobusiness.news
December 7, 2025 at 2:00 PM
Copper prices hit record highs on Dec 3, driven by a weaker dollar, supply concerns, and reduced LME warehouse availability, Mexico Business News reports, citing the CRU insight.
https://mexicobusiness.news/mining/news/copper-hits-record-highs-amid-supply-squeeze-dollar-weakness
#Copper #LME
https://mexicobusiness.news/mining/news/copper-hits-record-highs-amid-supply-squeeze-dollar-weakness
#Copper #LME
Battery chemistry has shifted fast: LFP dominates on cost and cycle life, but gains may near practical limits. Near-term disruptors: LMFP and LMR; long-term bets: disordered rocksalt, lithium-air.
Read more: https://ow.ly/8QGK50XB9Qw
#LFP #BatteryMetals
Read more: https://ow.ly/8QGK50XB9Qw
#LFP #BatteryMetals
Future battery chemistries can disrupt raw materials demand - CRU Group
Emerging battery chemistries, notably LMR and LMFP, will disrupt the industry in the short-term. Learn more here.
www2.crugroup.com
December 4, 2025 at 4:01 PM
Battery chemistry has shifted fast: LFP dominates on cost and cycle life, but gains may near practical limits. Near-term disruptors: LMFP and LMR; long-term bets: disordered rocksalt, lithium-air.
Read more: https://ow.ly/8QGK50XB9Qw
#LFP #BatteryMetals
Read more: https://ow.ly/8QGK50XB9Qw
#LFP #BatteryMetals