SteelBenchmarker

Definitive, timely, trustworthy, essential, robust
The time for futures is now

Steel price volatility has risen in recent years to the point that many in the steel business are suffering an excessive price risk burden. This development has brought some steel users, engaged in longer-term business, into conflict with their customers because they don't have the opportunity to hedge forward the price they are paying for steel.

World Steel Dynamics and Metal Bulletin/American Metal Market have pooled their resources to jointly create and sustain a global steel benchmark pricing system called the SteelBenchmarker^TM. This new series of indices seeks to replicate prices and price swings in the steel marketplace and is easy for all in the steel business to use.

• Steel products can be bought and sold anywhere in the world on a common basis price, plus or minus premiums to the benchmark prices.

• The price indices can be used extensively by steel buyers and sellers the world over when they are engaged in futures transactions.

SteelBenchmarker^TM is planning, twice a month, to publish steel benchmark prices for hot-rolled band, cold-rolled coil, rebar and standard plate in the following regions: the United States, Western Europe, mainland China and the world export market. In addition, we will publish a benchmark price for shredded steel scrap in the United States.

Steel benchmark prices should be a "win" for steel producers, traders, distributors, fabricators, service centers, processors and buyers.

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Go to www.steelbenchmarker.com.

To find out more about the steel benchmark pricing system
or
To register as a price opinion provider.