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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.

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

Material Specifications

Links to AMM's full methodology documents can be found below and these will include all material specifications for the markets covered by AMM.   For a quick view of a single market's specifications, please visit Price Tracker, search for your market of interest, and click on the material name in the search results.  This will take you to a landing page for that material which will include the specifications for that particular market.

AMM encourages feedback on all of its pricing and news content.  Please email pricing@amm.com to find out how you can participate in helping AMM bring transparency to the markets. 


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. 

Complaint Handling Policy 
AMM offers multiple levels of service to handle customer questions, concerns, feedback and other inquiries. The Complaint Handling Policy describes all options available to resolve any issue from routine queries to initiating a formal review process which escalates complaints to an independent third party and includes an appeals process. Click here for more information.

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 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.

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

Have U.S. automotive sales peaked?

Yes, we will see a decline in the coming years
No, there is more growth to come
Sales will remain sideways for a few years


View previous results