Argus Steelmaking Raw Materials
Iron ore, coking coal, metallics and semi-finished steel prices are complemented by news on the key drivers that affect the cost of steel production.
Overview
Argus Steelmaking Raw Materials is a daily price report providing independent assessments, expert news and analysis across iron ore, coking coal, pulverised coal injection (PCI), metallurgical coke, ferrous scrap, pig iron, ferro-alloys and semi-finished steel. It serves mining companies, trading firms and steel producers with the data and context required to benchmark input costs, negotiate contracts and make informed commercial decisions in global steelmaking raw materials markets.
At a glance
- Daily and weekly price assessments across key steelmaking inputs.
- Independent iron ore, coking coal and metallics benchmarks.
- Global coverage spanning Asia-Pacific, Europe and the Americas.
- Assessments grounded in transparent, methodology-driven processes.
- Expert news and analysis on supply, demand and price drivers.
- Monthly roundup of average prices across the ferrous supply chain.
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Key features
Independent price assessments
Argus delivers market-reflective prices across iron ore, coking coal, PCI, metallurgical coke, metallics and semi-finished steel, used globally in procurement contracts and trade agreements.
Daily market intelligence
Access real-time pricing, supply and demand analysis and expert commentary from the world's most active steelmaking raw materials markets, published each trading day.
Global benchmark indexes
Argus indexes are recognised worldwide as reliable references for coking coal and iron ore pricing, ensuring transparency and consistency in international trade and contract negotiations.
Global news coverage
Breaking news from ferrous steelmaking raw materials markets worldwide, delivered in real time via the Argus Direct® client portal, market briefing emails and the end-of-day PDF report.
In-depth market analysis
Context-rich insight into the economic, regulatory and geopolitical factors shaping iron ore, coking coal and metallics price movements, enabling smarter procurement and risk management.
Analytics and supplementary data
Dynamic dashboards, charting tools, data feeds and downloadable Excel datasets support deeper trend analysis, correlation building and workflow integration for internal decision-making.
How Argus assesses steelmaking raw materials
- Market-reflective design
Reflects how iron ore, coking coal and metallics markets trade, and is aligned to standard grades, volumes and locations as determined by industry conventions.
- Broad market input
Price assessments draw on data from producers, consumers and intermediaries across global steelmaking raw materials markets, gathered through proactive reporter polling.
- Transaction-led hierarchy
Argus assigns relatively higher importance to verified transactions over bids and offers, and to bids and offers over other market data, to maximise reliability and representation.
- Rigorous data verification
Reporters verify price, volume, specification and counterparty for all transactions submitted to the assessment process, applying primary and secondary tests to detect anomalies.
- Judgment-based assessment
Where transaction data are limited, reporters use bids, offers and market information to assess representative prices through a rigorous, replicable and documented process.
Who uses this service
Coking coal producers
- Benchmark contract prices against independent, globally recognised coking coal assessments.
- Align sales strategies with seaborne market movements and regional demand trends.
- Support contract negotiations with transparent, methodology-driven pricing references.
Traders and brokers
- Identify arbitrage opportunities using granular price data across global ferrous markets.
- Manage risk and time trades with real-time assessments and market intelligence.
- Reference trusted benchmarks to reduce the likelihood of disputes in trade deals.
Iron ore producers
- Use Argus indexes to benchmark prices and strengthen contract terms with steel mills.
- Monitor grade premiums and lump and pellet differentials across key trade routes.
- Anticipate market shifts with expert analysis on supply, demand and trade flows.
Steel producers
- Track input costs across iron ore, coking coal, metallics and semi-finished steel.
- Manage procurement and plan strategically using supply and demand analysis.
- Negotiate better terms with independent pricing and geopolitical market context.
Frequently asked questions
Key price assessments
Argus Steelmaking Raw Materials price assessments are independent, methodology-driven indicators of real market value across iron ore, coking coal, metallics and semi-finished steel markets, used globally in contracts, procurement and risk management.