CRU Acquires Steel Market Update
By Metal Center News Staff
on Jun 4, 2018
CRU Group has acquired the conference, training and newsletter business from Steel Market Update.
“I am delighted that SMU has found a new home with CRU, and I look forward to working with the CRU team, both in Pittsburgh and in London, to develop the SMU and CRU business in North America,” said John Packard, president and CEO of SMU.
Founded in 2008, Steel Market Update provides and analyzes real-time pricing, market trends, and relevant information related to the North American flat-rolled steel market through its newsletter, website and events, such as the SMU Steel Summit, held Aug. 27-29 in Atlanta.
“We are delighted to be joining forces with John and his team,” CRU Chairman Robert Perlman said.
Based in London and founded in 1969, CRU provides analysis, prices, consulting and events in the metals, mining and fertilizer markets. CRU also has offices in Pittsburgh, New York, Santiago, Beijing, Shanghai, Singapore, Tokyo, Mumbai, Sao Paulo and Sydney.