Methodology

The agency’s experts gather price information by inquiring market participants by phone. The poll necessarily involves all the groups engaged in pricing process: producers, stockholders, traders and consumers.

Depending on the segment, the market share of the inquired companies is at least significant and in some cases it may reach 50%. The agency’s experts rely on the market participants’ information confirmed by no fewer than three or more sources.

The companies’ official price-lists are the additional information source.

The offer, demand and contract prices are specified. The quotations do not include contract prices fixed at non-market transactions (tolling, shipments within holdings). The quotations published by the agency cover the price range the overwhelming majority of deals are closed at in the segment under review.

All the acquired quotations are peer-reviewed by the agency’s leading experts.

The quotations are collected and published every day. Most quotations are updated weekly.

The agency has fifteen years’ experience of price collection in the steel markets.

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