Ferrous Metals Market Data
The numbers you need to gauge markets,
ready to seize opportunities as the markets move.
Steel & Raw Materials
Unlock the power of informed decision-making with our comprehensive Ferrous Metals Market Data service. We offer the widest selection of global prices across the entire ferrous metals supply chain, from raw materials to downstream steel products, all in one accessible platform. Whether you're a buyer, seller, or investor in the ferrous metals market, our extensive data on steel, iron ore, coal, and scrap empowers you to analyze and compare markets effectively.
With over 14 years of daily price assessment history for iron ore and metallurgical coal, 500+ steel and scrap price assessments, and the first-to-launch carbon-accounted steel price premiums, our Platts price benchmarks are designed to enhance your trading and investment strategy within the ferrous metals market.
Our Impact, by the Numbers
Product Features
Monitor dynamic commodity markets with extensive price data, so you can confidently negotiate contracts, manage risk, and develop your trade and investment strategies.
Professionals across the industry trust our ferrous metals market data every day.
Access Prices for Precise Actions
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Daily Spot & Term Prices
Platts publish daily price assessments that serve as the foundation for your contracts, providing you with the flexibility to capitalize on market fluctuations and negotiate with confidence.
Every day, traders and producers rely on our prices globally to navigate ferrous metals market trends, inform pricing decisions, and mitigate risks in volatile commodity markets.
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Unlock Full Price History
With access to our comprehensive Ferrous Metals Market Data, gain full price history so you can dive into historical price trends, analyze market patterns, and strategize your next moves to stay ahead of the competition within the ferrous metals market.
Our data can be delivered how it best suits your systems, whether it’s via desktop or mobile through S&P Global Energy Core, cloud services, data feed or API solutions.
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The Markets We Cover
We have extensive global ferrous metals market coverage with more than 750 price assessments across 16 ferrous commodities, including:
- Iron ore
- Steel
- Ferrous scrap metal
- Metallurgical coal
- Cement, clinker and SCMs
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Robust Methodology
We are widely trusted in the global market for providing independent, unbiased Platts assessment process. We gather data from a diverse range of market participants, applying rigorous quality control measures, and adhering to strict editorial guidelines and IOSCO principles.
Platts Price Benchmarks & Key Assessments
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Iron Ore & Metallurgical Coal
Key areas for Platts price benchmarks and assessments in the iron ore and metallurgical coal include:
- Unified Platts IODEX and TSI 62% Fe Iron Ore Fines
- SGX Platts Iron Ore CFR China (Lump Premium)
- Unified Platts PLV and TSI Premium Hard Coking Coal
- TSI Premium Coking Coal, FOB Australia
- TSI Premium JM25 Coking Coal
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Steel & Scrap
Key areas for Platts price benchmarks and assessments in the steel and steel scrap coal include:
- Platts Hot Rolled Coil Suite: U.S. Midwest, Northern Europe, ASEAN
- Platts TSI HMS 80/20 Turkish Scrap
- Steel Rebar FOB Turkey
- Steel Scrap CFR India
- U.S. Midwest Shredded Scrap
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Cement, Clinker and SCMs
Key areas for Platts price benchmarks in the cement, clinker and SCMs markets include:
- Platts CEMDEX Turkey (FOB Turkey)
- Platts Clinker FOB Turkey
- Platts Cement FOB Vietnam
- Platts Clinker FOB Vietnam
- Platts Cement CIF Houston
Markets in Focus
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Platts IODEX
Platts Iron Ore Index, or IODEX, is a leading global benchmark for the spot price of physical iron ore. For over 15 years It is used by steelmakers, traders, and mining companies globally to price long-term and spot contracts.
IODEX and accompanying iron ore price assessments have brought increased transparency to an industry which continues to evolve in terms of the pricing methods it employs, most recently manifest in the forms of floating price deals for physical cargoes, hedged using positions in the financial derivatives market.
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Turkish Steel Scrap
Turkey's steel scrap market plays a significant role in global steel trade, including long and flat steel products, being exported worldwide. Across the supply chain the physical spot price is used in futures contracts by commodity exchanges.
Platts TSI Heavy Melting Scrap 1/2 80:20 price assessment reflects the tradeable value of bulk ferrous scrap imports into Turkey from all supply regions. These supply regions are predominantly the US, UK, Benelux and Baltics.
Platts Turkish scrap prices are listed on LME exchange.
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Steel Decarbonization
Through Platts' carbon-accounted steel price assessments, market participants will get daily snapshots of this important emerging market. Such illumination should aid across the value chain, from producers seeking acknowledgement of the advances made in reducing carbon at the steelmaking stage, to end-users demanding material certified by suppliers that it meets certain decarbonization criteria.
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Platts CEMDEX and Clinker
Platts CEMDEX and Clinker FOB Turkey prices are unique first-of-its-kind assessments launched to bring transparency to the cement and clinker market. As global construction surges, demand for cement and clinker is climbing—making price transparency more critical than ever. With sustainability pressures mounting, cement manufacturers face the challenge of balancing decarbonization with profitability.
Why S&P Global Energy?
Unparalleled Experience
For 100+ years, we've delivered Platts price assessments for physical and forward markets. Customers count on us for news, pricing, and analytics, ensuring transparent, efficient markets for confident decisions.
Trusted benchmark pricing
Provides industry benchmark price indices with robust, transparent, proven methodologies, that guarantees data integrity with stringent quality controls, and adherence to strict guidelines and IOSCO principles.
Integrated European market pricing coverage
Covers 16 European hubs—natural gas, power, renewables, nuclear and coal —in one connected pricing service.
Historical view of Pricing
Comprehensive price history back to 1985 supports deep analysis of historical price trends to better understand the current market dynamics and forecast potential price movements resulting from similar previous geopolitical events.
Data & Distribution
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Methodology
S&P Global Energy methodologies bring consistency and robustness to our natural gas price assessments through principles and parameters that guide our market specialists at every stage of the process.
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