The Steel Index (TSI) is a specialist resource for ferrous prices, publishing an extensive range of daily and weekly spot market prices for steel, iron ore, coking coal and ferrous scrap in the world’s most active trading regions.
Prices include several industry benchmarks, such as TSI’s daily 62% Fe iron ore fines price, its daily hot rolled coil steel prices for Northern Europe and Asian imports, its daily scrap price for Turkish imports and its daily premium hard coking coal prices for Australian exports and Chinese imports. These prices are widely-used by industry participants in their contract pricing arrangements and by leading exchanges throughout the world for the settlement of futures and derivatives contracts. VIEW SAMPLE
TSI’s prices are available to subscribers on TSI’s website and iPhone App, updated in real-time. Subscribers also receive TSI’s daily and weekly price reports by email immediately following the publication of each price index, as well as on-line access to TSI’s price histories, charting tools and key freight rates.
Acquired by Platts in July 2011, TSI operates as a separate entity and has its own distinct price discovery methodology and pricing activities. For further information please visit www.thesteelindex.com/en/procedures-methodology/.
- TSI prices, including key industry benchmarks, updated in real-time – extensive range of daily and weekly spot market prices for steel, iron ore, coking coal and ferrous scrap products in key regions throughout the world
- TSI Price Analyzer – providing access to price histories, on-line graphing and analysis tools and data download options
- TSI Freight Rate Analyzer – indicating shipping costs for iron ore and steel products between major trading hubs
- TSI Monthly Reviews – summarizing recent pricing trends and key market dynamics
- TSI Market Watch reports – ad hoc papers highlighting major market developments
With access to TSI’s impartial steel, iron ore, scrap and coking coal prices, you will be well-placed to make highly informed business and trading decisions.
- Improve your contract negotiating position with suppliers or customers with access to independent TSI prices that are based on actual transactions, enabling you to negotiate with extra confidence
- Be among the first to spot emerging price trends and identify opportunities in the global marketplace by tracking import/export threats using the most up-to-date prices
- Identify performance gaps and ways to bridge them by gaining valuable insight into how your company is performing versus your peers: are you lagging, norming or outperforming them?
- Manage price risk and reduce uncertainty through indexing programs or attaining fixed-prices via the growing swaps, futures and options markets
Who Should Buy
Subscribers include miners, steel mills, traders, brokers, distributors, processors, consumers, industry executives and analysts throughout the steel markets.
Subscription to a TSI service provides you with access to its daily and weekly spot market prices for steel, iron ore, coking coal and ferrous scrap in key regions throughout the world (according to the service selected).
TSI’s prices are available on its website at all times and are updated on a daily and weekly basis in real time. You can also access the latest prices via TSI’s iPhone App as soon as they are published. Immediately following the release of each index, you receive the relevant steel, iron ore, coking coal or scrap price reports by email in pdf format. These contain a wealth of related market information, as well as details of the latest prices and price movements. Full price histories and analytical tools can be accessed online at any time using TSI’s Price Analyzer.
TSI’s Price Analyzer allows you to compare up to 4 price series on a graph over time periods of your choice. You can view price histories in a range of currencies and volume units, with the option to download data to Excel and run price correlation analyses at the click of a button. Alongside this, TSI’s Freight Rate Analyzer for steel and iron ore provides online real-time indications of the latest shipping costs for these materials between major trading ports.
Also included in all services are TSI Market Watch reports published on an ad hoc basis to provide insights into major market developments and TSI’s regular Monthly Reviews. These summarize current and recent pricing trends in each product area, analyze key supply and demand dynamics and consider the pricing outlook for the month ahead.
Just looking for prices?
The price data provided in TSI services is also available in data-point format for easy import and analysis. This is the most efficient way to receive our industry-standard benchmark prices.
Our Market Data - Steel & Raw Materials Package provides you with access to both Platts and TSI’s latest steel and raw materials prices, end-of-day assessments, third-party data and a rolling 45-day historical database. For further information, please contact Platts Sales.
All TSI services provide access to its latest daily and weekly spot prices on its website and via its iPhone App. As a subscriber you will also receive TSI’s daily and weekly price reports by email immediately following the publication of each index containing a wealth of market information alongside the latest spot market prices, plus ad hoc TSI Market Watch reports, regular TSI Monthly Reviews and access to the online TSI Price Analyzer.
Five TSI services are available:
TSI Global Service
TSI’s Global service provides access to the price information for ALL the product categories listed below and their corresponding market reports and analysis.
TSI Iron Ore Service (includes TSI’s benchmark 62% Fe fines and 58% Fe fines price indices)
TSI Coking Coal Service (includes TSI’s benchmark premium coking coal price indices for Australian exports and Chinese imports)
TSI Steel Service (includes TSI’s benchmark HRC price indices for Northern Europe, Southern Europe and Asian imports)
TSI Scrap Service (includes TSI’s benchmark price index for Turkish imports of HMS #1&2 80:20 grade scrap)
Further information on all of TSI’s services can be found by visiting https://www.thesteelindex.com/en/subscription-details/
A subscription to any of TSI’s services provides online access to full price histories and analytical tools at any time using TSI’s Price Analyzer.
The prices of these products are based on one user in one location. Many clients purchase multiple subscriptions to ensure all relevant members of their staff have access to TSI’s information. We can work with you to ensure that we appropriately license your staff and put in place the correct discount levels as well as ensure that our distribution methods meet your specific needs. For details, contact your nearest Platts office.