• Let The Steel Index provide ‘price discovery’ services for you
• Have complete confidence that our quoted prices are average transaction prices available during the reporting period; not market hearsay
• Independent, industry-accepted reporting of prices: ideal for two negotiating parties to use
• Regular, weekly steel prices with average delivery lead-times, weekly scrap prices and daily iron ore prices
• Fully downloadable on-line data history; customise reporting periods and harmonise volume units and currencies automatically

Tracking import/export threats and market opportunities

• Receive reliable price information on a consistent basis for different regions around the world
• Spot emerging pricing trends
• Identify opportunities in the global market place
• Chart multiple products and markets against domestic prices to spot differentials opening up
• Select small date ranges for greater sensitivity in trends
• Volume units and currencies harmonised automatically
  

Benchmarking

• Discover if you are lagging, norming or outperforming the industry
• Download The Steel Index price history for your product/ market
• Chart your data against ours
• Compare your purchasing or sales with cross-industry peers
• Act on that comparison information

Price Risk Management

• Prevent runaway margin erosion on fixed price contracts
• Gain access to spot prices, without exposure to spot market volatility...
• ...with the safety-net of contracts (certainty of supply, price certainty, regularity of supplier, etc.)
• Focus on value-added (product premiums, service etc.)
• Improve supplier/customer relationships
• Gain a ‘time dividend’ – put your freed-up negotiation time to better use