Search

Pricing Methodology

Everyday AMM customers rely on us to provide the most reliable pricing of the industry. But how do we assure our customers that our data is trustworthy?

We have the most robust pricing procedures
AMM reporters are required to follow robust pricing procedures, clearly defined methodologies, and clear- cut price specifications during their market reporting and pricing sessions.

We comply with IOSCO Principles for Price Reporting Agencies
The IOSCO principles provide a framework for our price discovery process to remain transparent and robust. Our editorial staff is fully compliant with the IOSCO criteria and we continue to produce fair pricing that is an accurate representative of market value of the particular market of reference.

To better understand our pricing methodology, watch our Pricing Methodology Webinar.

Why does methodology matter?

Infamously gaining universal attention, the oil price fixing and Libor scandals have been subject to considerable scrutiny from regulatory authorities and the international community.

Consequently, a need for regulations overseeing those involved in the pricing process became apparent. Created to develop, implement and promote adherence to internationally recognized standards for securities regulation, the International Organization of Securities Commissions (IOSCO) has established a comprehensive set of objectives and principles that are now recognized as the international regulatory benchmark for all securities markets.

Fully compliant with IOSCO’s Principles for Price Reporting Agencies, AMM has created a structure to safeguard that the price discovery process is transparent providing the highest standard in pricing data accuracy and reliability.


We have no affiliations or bias
AMM is completely independent and has no vested commercial interest in any of the markets it prices.

We stay updated with the industry
AMM continually develops and revises its methodologies in consultation with industry participants. If there are changes in the industry, AMM will revise or adopt product specifications, trading terms, conditions or other factors that reflect and are representative of typical working practices in the industry. All methodologies, changes, revisions, adaptations or other are approved by AMM’s Editor and senior management.

Our reports adhere to strict, monitored regulations
AMM’s reporters are required to follow a Code of Conduct by forbidding employees from brokering, accepting bribes, publishing defamatory news, etc...

All pricing data is confidential
AMM treats all communications of price, assessments, contract details and all other information as classified and details are never shared with third parties.

We triple and quadruple check our work
All work by AMM reporters is peer reviewed and approved prior to publication by upper management.

Midwest Scrap

AMM Midwest Ferrous Scrap Index

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Export Scrap

AMM US Ferrous Scrap Export Index

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Ferrous Scrap

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Nonferrous Scrap

AMM Nonferrous Scrap Methodology

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Steel

AMM Steel Methodology

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Nonferrous Metal

AMM Nonferrous Metal Methodology

AMM produces independent, fair and representative price assessments on the US nonferrous metals market on a periodic basis, most often daily, weekly and monthly. It reserves the right, based on market variations or other factors, to change the frequency of any price, assessment or index published after notifying the market of its intent.

AMM’s reporters are charged with speaking to a broad sample of market participants closely or specifically involved in the buying and selling of the metal of interest. Representatives of this market, may include both sides of known contract(s), may include producers, consumers, traders and brokers.

The reporters’ goal is to discover as many details as possible of all market activity including concluded business, made offers, and received bids or prices quotes over a certain defined period – generally the period since the conclusion of the previous quotation.

Pricing data is usually collected via phone conversations and email exchanges with market participants; all the relevant pricing details are entered into the AMM pricing database and available for peer review.

AMM follows industry convention for all price points, assessments and indexes. Reporters ensure that the information they receive matches these conventions.

Latest Pricing Trends Year Over Year

Poll

Some unions have benefitted from recently enacted rules intended to speed up the election process. If your business employs or otherwise works with companies that employ unions, what is your opinion on the new rules?

I disapprove, this will hurt my business
I disapprove, this could hurt my business in the future
Neutral, this will have no impact on business
I approve, this could or will benefit workers and/or my business
I approve, though this will not likely benefit my business


View previous results