Methodology
IOSCO compliant robust guidelines and custom procedures for price assessment
Steel Mint
SteelMint’s credible prices serve as a benchmark for manufacturers, buyers and traders in the steel industry to settle contracts or to understand the market cost of physical supply of commodities. We have created a robust methodology to ensure the accurate assessment of commodity prices that are governed by SteelMint’s standards of compliance with the public and our stakeholders.
The listed prices are just the tip of the iceberg that’s visible to everyone. The rationale applied by analysts who work behind the scenes is based on a robust market-appropriate methodology, derived from research and data analysis, to assess prices in varied markets.SteelMint seeks to reflect the way markets are traded, rather than impose any one view on the markets — including its own.
Steel Mint

Why Methodology Matters

Our IOSCO-compliant methodology guides analysts to be objective in data analysis and helps maintain consistency in prices assessments over time and across locations.
Steel Mint

How It Works

Market data is collectedfrom a wide cross-section of participants, comprehensivelyanalysed and verified for credibility. Then, based on our rigorous methodology, the final price is published.
Steel Mint

Core Methodology Principles

Our methodologies are rigorous and transparent, reflecting impartial analysis of current market data, including trading practices,buyer/seller price data – maintaining consistency in rationale application
Steel Mint

How Methodology Benefits Business

With methodology-based price assessments, you will have accurate knowledge of the market and prices, empowering you to negotiate contracts better, increase margins and boost profitability.
Specifications
SteelMint methodologies bring consistency and robustness to our price assessments through principles and parameters that guide our market specialists at every stage of the process. In this section you will find documentation for all published price assessments and indices by commodity.
Metals Price Assessments Catalog
We provide spot price assessments for iron ore, semi finished, finished.....View the latest on our key price assessments across our commodity coverage.
Price Assessment table
Complaints and Feedback
SteelMInt strives to provide information of the highest standards to its customers and to conduct its business with integrity.
However, we recognize that occasionally customers may not be satisfied with the services provided by SteelMInt and wish to escalate matters. To raise a complaint with us, you can: Speak to our existing contacts within Client Support, alternatively email or write directly to the Chief Compliance Officer, SteelMInt

We promote the understanding of our assessment procedures and encourage wide client interaction regarding our pricing methodology.

If you have and doubts or queries, do get in touch with us. We will respond with the relevant information in a timely manner.

Without a doubt, the SteelMint Price Assessment Team strongly values all interaction and queries sent by customers,as it helps us finetune our methodology and principles to reflect relevant feedback that is beneficial to all.

Please do not hesitate to contact our Methodology Manager, for any suggestions, queries and scope for improvement.

Email: info@steelmint.com
Announcements
Date commodity Type Title Download
15-Sep-2021 Scrap & Metallics new Pricing Notice: SteelMint launches assessment for Bangladesh bulk imported scrap and re-bar
15-Sep-2021 Scrap & Metallics new Pricing Notice: SteelMint launches assessment for India CRCA scrap prices
09-Aug-2021 Steel new India finish long steel assessment
18-Jun-2021 Finish long stainless steel new Pricing Notice: SteelMint launches assessment for Indian rebar exports
12-Jun-2021 Iron Ore correction Pricing Notice: Decision to amend delivery & payment term of few SteelMint pig iron price assess
01-Jun-2021 Iron Ore new Pricing Notice: SteelMint launches Jharkhand (Ramgarh) Sponge iron price assessment
28-May-2021 Steel new Pricing Notice: SteelMint launches assessment for imported billets in China
25-May-2021 Scrap & Metallics correction Pricing Notice: Change in frequency of India imported scrap price assessment
18-May-2021 Steel new Pricing Notice: SteelMint launches Jharkhand (Ramgarh) billet price assessments
30-Apr-2021 Scrap & Metallics new Pricing Notice: SteelMint launches HMS 80:20 (Selected) scrap price assessment
30-Apr-2021 Finish long stainless steel correction Pricing Notice: Resumption of Turkey rebar export price assessment
27-Apr-2021 Coal correction Changes in CNF India,Gangavaram assessment
22-Apr-2021 Ferrous scrap correction Pricing Notice: Change in frequency of Pakistan imported scrap price assessment
15-Apr-2021 Finish flat stainless steel new Pricing Announcement: SteelMint launches API grade Plates Assessment
14-Apr-2021 Finish flat stainless steel new Pricing Notice: SteelMint launches HRC 1.8mm and CRC 0.5mm assessments
14-Apr-2021 Ferrous scrap correction Pricing Notice: Modification in assessment name of Mandi ferrous scrap
18-Feb-2021 Finish flat stainless steel new Pricing Announcement: SteelMint launches API grade imported HR Coil Assessments
09-Feb-2021 Scrap & Metallics correction Pricing Notice: Resumption of UAE imported scrap price assessments
09-Feb-2021 Steel correction Price Notice: Discontinuation of SteelMint assessment
05-Jan-2021 Iron Ore new Pricing Notice: Decision to display bid prices of OMC iron ore auctions
31-Dec-2020 Finish long stainless steel new Pricing Notice: Discontinuation of SteelMint assessment
26-Dec-2020 Iron Ore correction Pricing Notice: Decision to amend specifications of few SteelMint pellet price assessments
12-Oct-2020 Finish flat stainless steel new Pricing Announcement: SteelMint launches HR Coil based Pipe assessments
19-Sep-2020 Ferro Alloy correction PRICING NOTICE: Change in frequency of Indian silico manganese price assessments
07-Sep-2020 Steel correction Pricing Announcement: Change in frequency of Indian structure steel price assessments
01-Sep-2020 All leave PRICING NOTICE: Discontinuation of few SteelMint assessments
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