For us at Carbomax, participating in CRU is an important opportunity to better understand the global forces shaping our products and markets – from recent policy shifts to emerging trade dynamics – and to anticipate what lies ahead in the coming months and years.
One of the major topics of discussion this year was the U.S. tariffs on imported steel and raw materials, as well as the EU’s proposed quotas and duties on Chinese steel. The overall sentiment? Unpredictability. These measures have contributed to significant price volatility across markets. Chinese analysts and traders echoed a familiar story: domestic mills producing beyond demand, exporting the surplus at low prices, and operating under financial pressure.
Beyond the market insights, attending CRU is also about relationships. As Carbomax’s representative, Andreas took the opportunity to connect with new contacts, strengthen existing partnerships, and share perspectives with both suppliers and customers from around the world.
In summary, it was an engaging and valuable event, reinforcing a simple truth about our industry: business runs on personal relationships, built on trust and backed by strong performance.