MetalPrices.com Description Of Services
CURRENT SUBSCRIBERS
MetalPrices.com is a metal pricing utility. The service is specifically targeted to
anyone responsible for tracking the raw material value of any metal product.
Industries we serve are steel mills, foundries, service centers, fabricators, forge shops,
machine shops, mining producers and scrap processors.
Our primary function is to publish prompt, accurate metal prices in a useful format.
MetalPrices.com is a licensed vendor for:
MetalPrices.com is a licensed vendor for:
• LME (London Metal Exchange)
• NYMEX (New York Mercantile Exchange)
• COMEX (New York Commodities Exchange)
• SHFE (Shanghai Futures Exchange)
• Dow Jones Metals News
• Reuters Metals News
Description of Services
Since 1995, MetalPrices.com has committed to providing accurate, impartial, multi-sourced prices to the marketplace. In addition to Live Feeds from the public exchanges, we publish prices for over 400 privately traded metals.
Read our Price Sourcing Statement
Easy-to-Use• View prices by metric tonnes (MT), kilograms (KG) or pounds (LB)
• View LME and NYMEX/ COMEX live feeds in 51 currencies
• Each metal has a main page with metal-specific news & prices
• Historical database and charts instantly ready for presentation
LME and COMEX Live Feeds Quality Control
We compare three concurrent data sources for LME and COMEX live feeds:
Tenfore, Reuters and E-signal.
Tenfore, Reuters and E-signal.
Mobile Access for Convenience
Mobile Internet Pages
Access a current snapshot of what’s happening in the metal markets — anywhere.
A mobile version of our site has been designed specifically for readability on small screens of any web-enabled device.
Text MessagingA mobile version of our site has been designed specifically for readability on small screens of any web-enabled device.
Configure your account to receive text messages with LME and/or NYMEX/COMEX prices.
Alloy Calculator©
This custom software allows you to look up the chemical analysis of a complex alloy and calculate its total value based on the price of each element contained. Track your own custom alloy group. Research the historical raw material value of the alloy by date range.
Historical DatabaseLook back in time to research a price by day, week or month for every metal metal we report.
Custom ChartsCreate a custom chart for any date range. Compare up to three metals at once. Charts are formatted to be
presentation - ready.
Multi-Sourced Metals News
Daily Dow Jones and Reuters Metals News
Today's “Market Talk” from Dow Jones
Research our historical database of metals articles — including price forecasts.
Daily Dow Jones and Reuters Metals News
MetalPrices.com combines Dow Jones and Reuters to bring you
the best metals articles from around the world.
the best metals articles from around the world.
This special service is a series of single paragraph commentaries sent
throughout the day direct from the trading floor of the LME and NYMEX/COMEX.
In a typical day of trading, Dow Jones produces forty “Market Talk” commentaries.
Hand-Selected Newsthroughout the day direct from the trading floor of the LME and NYMEX/COMEX.
In a typical day of trading, Dow Jones produces forty “Market Talk” commentaries.
Our collection of articles from the Internet, selected for quality and relevancy by
our own veteran industry reporter.
News Archiveour own veteran industry reporter.
Research our historical database of metals articles — including price forecasts.
Price Sourcing Statement
Gathering prices for privately traded metals is an art. We must evaluate the reliability of price contributors
and make a judgment about the final low and high price range to publish.
"Privately traded metals" are defined here as metals purchased and sold privately between companies for
physical delivery. These metals are not traded on public exchanges like the LME or NYMEX/COMEX.
MetalPrices.com reports over 400 privately traded metals.
Since 1995 we've developed a network of reliable price contributors who believe accurate transparency is
in the best interest of all parties — both buyers and sellers. We poll prices from multiple contributors by
telephone until the final price range is clear to us.
The senior management of MetalPrices.com has accumulated over 50 years experience in the metal business.
Our careers involved the direct purchase or sale of over 5,000,000 tons of stainless steel and related ingredients.
Negotiating and writing contracts for all these transactions educated us to understand the nuances of buying
and selling metal. Therefore we know when one of our price contributors is "exaggerating their book"
and when to apply judgment to the price range.
Recent attempts have been made to eliminate judgment by creating a neutral data collection process for
contributors to submit actual purchase and sales contracts. These have had limited success because: 1) Most
metals companies prefer to keep their business contracts private and out of the hands of a third party;
and 2) Any company could submit false documents.
Public exchanges like the LME and COMEX present the best model to exclude judgment from the price discovery
process. However, only 12 out of over 400 metals reported by MetalPrices.com are publicly traded.
In our opinion, applying judgment to the price discovery process remains today the best method to determine
privately traded metal prices. Our experience in making informed, accurate judgments is one of the
most important values we offer to MetalPrices.com subscribers.
Try our FREE Site Preview or Subscribe now
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Gathering prices for privately traded metals is an art. We must evaluate the reliability of price contributors
and make a judgment about the final low and high price range to publish.
"Privately traded metals" are defined here as metals purchased and sold privately between companies for
physical delivery. These metals are not traded on public exchanges like the LME or NYMEX/COMEX.
MetalPrices.com reports over 400 privately traded metals.
Since 1995 we've developed a network of reliable price contributors who believe accurate transparency is
in the best interest of all parties — both buyers and sellers. We poll prices from multiple contributors by
telephone until the final price range is clear to us.
The senior management of MetalPrices.com has accumulated over 50 years experience in the metal business.
Our careers involved the direct purchase or sale of over 5,000,000 tons of stainless steel and related ingredients.
Negotiating and writing contracts for all these transactions educated us to understand the nuances of buying
and selling metal. Therefore we know when one of our price contributors is "exaggerating their book"
and when to apply judgment to the price range.
Recent attempts have been made to eliminate judgment by creating a neutral data collection process for
contributors to submit actual purchase and sales contracts. These have had limited success because: 1) Most
metals companies prefer to keep their business contracts private and out of the hands of a third party;
and 2) Any company could submit false documents.
Public exchanges like the LME and COMEX present the best model to exclude judgment from the price discovery
process. However, only 12 out of over 400 metals reported by MetalPrices.com are publicly traded.
In our opinion, applying judgment to the price discovery process remains today the best method to determine
privately traded metal prices. Our experience in making informed, accurate judgments is one of the
most important values we offer to MetalPrices.com subscribers.
Try our FREE Site Preview or Subscribe now
Back to Top