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Commodity Coverage – Metals

Understand supplier cost structures, reduce costs and expand margins.
Do your supplier negotiations utilize the industry’s leading commodity price forecasts?

Turn to IHS Markit for price forecasts covering ferrous and non-ferrous metals, including steel, copper, zinc, rare earths, precious metals, and more. Speak to our experts to understand how markets are rapidly changing, and what it means for you. Use our Cost Analyzer to compare alloy costs across hundreds of pre-defined alloys, or create your own. For more than 40 years, our Pricing & Purchasing team has assisted the purchasing community with critical data, expert insight and proven forecasting models covering global metals markets and the key factors that drive them.

Procurement officers, contract professionals and cost estimators leverage this service to:

  • Monitor prices and pinpoint the best times to make key purchases
  • Understand the driving factors of price change in key alloys
  • Negotiate contract escalation clauses
  • Benchmark prices and assess purchasing performance
  • Prepare budgets and financial reviews with accurate price forecasts

How much longer will the buyers’ market last?
John Anton, Associate Director with our Pricing and Purchasing team, shares insights from the latest steel report.

What’s included?

Industry Analysis

Understand costs and empower negotiations with:

  • Segmented reviews of prices, supply and demand by industry and geography
  • Dynamic tables outlining market conditions
  • Access to the latest analysis of industry trends
  • Quarterly webcasts outlining the latest forecast projections and market outlooks
Alloy Cost Calculator
  • Quickly assess metal alloy costs using the latest IHS Markit Pricing & Purchasing forecast
  • Understand cost breakdowns for 140+ alloys and specialty steels regionally for North America, EMEA and Asia
IHS Markit Connect®

Discover the power of CONNECT:

  • Customize the landing page to display relevant market reports, saved items, and the most recent industry analysis
  • Easily navigate market reports, industry analysis, and publications to find the insights you need quickly
  • Leverage Cost Analyzer to search, select, and manipulate data across forecast and historical price series, production cost models, and alloy cost models
  • Review the latest prices in our Material Price Table
  • Access in one click your saved workbooks, dashboards, and charts
  • Enhance analysis through improved search, dynamic charting, easily accessible data
Forecast Horizon & Updates

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