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Argus Metals provides metal prices for the most commonly traded primary and secondary materials across the globe. 

The Argus Metals Weekly Recap

New: Argus Metals Video Market Update
HRC Europe prices 

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Catch up on the latest analysis from our Steel Editor Colin Richardson and our Senior Reporter Lora Stoyanova on the situation of HRC in Europe and the impacts in the automotive and other industries.

Watch now

Specialty metals markets


US closer to rare earth supply chain for defence

US president Donald Trump has signed five memoranda establishing a requirement to fund the development of a US rare earth supply chain from ore to metal to magnet.

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China may auction more indium after Fanya retrial

A decision by China's Yunnan superior court has triggered concerns about a potential auction of metal stocks held by the bankrupt Fanya Metal Exchange, which could weigh on indium prices.

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Ferrous markets


MENA mills under strain from pellet costs

Steelmakers in the Middle East and north Africa (MENA) are taking steps to try to ease the "pain" being caused by high iron ore pellet costs, in some cases leaning more towards high-grade scrap and other metallics.

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Atlantic pellet in flux as demand softens

Atlantic iron ore pellet market participants are bracing for a softer second half of the year as steel production drops and pellet supply potentially rises, with European buyers still pushing back on proposed 2019 contract terms.

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Free Whitepaper:
The future of European HRC pricing

European steel mills offered to transition half-year contracts to quarterly contracts over July-December, in response to the reductions sought by buyers after a substantial drop in spot prices from the fourth quarter of last year. Argus’ headline northwest Europe hot-rolled coil (HRC) index had fallen to €474.75/t on 15 July from €535/t on 12 November 2018, as a decline in automotive demand rippled through other sectors and led to an intense bout of destocking over the first half of this year.
Download our free whitepaper to learn more about the current state of HRC prices in Europe and the broader context of related industries.

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Scrap markets


Iron ore offers no support to scrap price in Europe

Iron ore prices have surged since April, but this has had little impact on European ferrous scrap prices and is likely to provide only limited support in the coming two to three months.

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China’s ferrous scrap prices rise to 2019 highs

China's ferrous scrap prices have risen to new 2019 highs, as high utilisation rates for electric arc furnaces (EAFs) and new restrictions on imports took effect from 1 July.

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Base metals markets


LME proposes off-warrant stock reporting

LME launched a second consultation over voluntary reporting of off-warrant stock and changes to queue-based rent-cap (QBRC) rule, to boost falling global warehouse inventories.

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Kaiser confident on aero despite 737 MAX woes

California-based rolling mill Kaiser Aluminum expects steady second-half 2019 aerospace shipments, even amid severe setbacks for Boeing's 737 MAX program.

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Battery materials markets


LG Chem accelerates investment in EV batteries

LG Chem is increasing its investment in its battery operations with it potentially overtaking petrochemicals as its largest source of revenue amid rising demand for electric vehicles (EVs).

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Posco starts Argentina demonstration plant

South Korean steel producer Posco plans to start construction next month of a demonstration plant in Argentina that will produce lithium products on a trial basis.

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About Argus Metals

Argus Metals provides current metal prices for over 1,000 of the most commonly traded primary and secondary materials across the globe. Argus Metals evolves in sync with the market so that price assessments and supplementary data reflect actual trade dynamics in each region, creating enhanced opportunities to identify favorable trade conditions. Our main focus is price discovery for “open market’ metal products – reporting the prices of metals that are not listed on the major exchanges, but essential to global trade. Explore the Argus difference in your market. 

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