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src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F14-generic-hero-banners%2Fherobanner_390x620_generic-c.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D1f6461bbf1f1417cb9ac37adf5126bb2%26hash%3DD27C33C4A19A3079C7BE43A393C45E0D&w=828&q=75"/><div class="HeroBanner_container___RcE5 container"><div class="row"><div class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><a class="qa-banner-breadcrumb BannerBreadcrumb_bannerBreadcrumb__hHMz7 h3" href="/ja/news-and-insights/market-insight-papers"><svg xmlns="http://www.w3.org/2000/svg" width="8.662" height="13.958"><path fill="none" stroke="#fff" stroke-linecap="round" stroke-width="2" d="m7.662 12.958-6.22-5.979L7.663 1"></path></svg>Market insight papers</a><h1 class="qa-banner-title">Moving target: Using an index to track volatile steel prices</h1><div class="h4 qa-banner-description"><p>Flat steel prices have experienced unprecedented volatility since 2020. Against this backdrop, an increasing number of buyers have started to link their purchasing to price indexes.</p></div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#paper" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Insight paper</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta "></button><a href="#paper" class="qa-subnavigation-cta PageSubnavigation_cta__pnmT7 cta bubble" title="">Download the insight paper</a></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#paper" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Insight paper</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a></div><a href="#paper" class="qa-subnavigation-cta PageSubnavigation_cta__pnmT7 cta bubble" title="">Download the insight paper</a></div></div></div></div></div></div><div class="component white"><div class="component-content"><div class="container"><ul class="PageTags_meta__5q4bN sub-heading h3"><li class="PageTags_metaItem___eXos">2024年5月20日</li><li class="PageTags_metaItem___eXos">Market: Metals, Steel & Raw Materials</li></ul></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>Imagine a buyer purchasing hundreds of thousands of tonnes of steel, several years ahead, for building an energy transmission pipeline or a wind turbine. Changes to the supply and demand balance mean the price could sink or surge by the time the steel is delivered. Or steelmaking raw material costs could balloon, meaning the mill can no longer honour delivery at agreed prices. The ramifications of non-performance can obviously be huge, not just for the steel buyer, but the whole supply chain and viability of projects.</p> <p>This exclusive Argus insight paper explores why increasing number of companies are linking prices to a market reference — such as an assessment, index or futures price.</p> <p>To learn more about these exciting market developments, submit your details and download the full insight paper now.</p> <div> </div></div></div></div></div></div></div></div></div><div class="component component-padding undefined grey" id="paper"><div class="component-content"><div class="GenericForm_content__axQ2w container"><div class="row"><div class="col-12 col-lg-10 offset-lg-1"><h2 class="qa-genericform-title h1 section-heading">Download the white paper</h2><div class="qa-genericform-inputs GenericForm_form__LvaqC"><div class="MarketoForm_marketoForm__N0nWd"><form id="mktoForm_33743" 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src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1920&q=75"/><div class="Media_inner__2M1Ik"><h3 class="qa-combinedfeed-item-title Media_title__Z_S50">Metal Movers: Sustainable aluminium - Low-carbon and beyond</h3><hr class="Media_hr__ajAh0"/><div class="qa-combinedfeed-item-date Media_date__Ot7yV h6">24/11/01</div></div></a></div><div class="col-12 col-lg-4"><a class="qa-combinedfeed-primary-item Media_link__RM2GX white" href="/ja/news-and-insights/energy-and-commodity-podcasts/battery-materials-market-update--april-2024"><img alt="Battery Materials Market Update – April 2024" loading="lazy" width="868" height="372" decoding="async" data-nimg="1" class="Media_image__EtnR7" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1080&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1920&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1920&q=75"/><div class="Media_inner__2M1Ik"><h3 class="qa-combinedfeed-item-title Media_title__Z_S50">Battery Materials Market Update – April 2024</h3><hr class="Media_hr__ajAh0"/><div class="qa-combinedfeed-item-date Media_date__Ot7yV h6">24/04/10</div></div></a></div><div class="col-12 col-lg-4"><a class="qa-combinedfeed-primary-item Media_link__RM2GX white" href="/ja/news-and-insights/energy-and-commodity-podcasts/fertilizer-matters-sulphur-and-sulphuric-acid-nov-2023"><img alt="Fertilizer Matters: Sulphur and Sulphuric Acid, Nov 2023" loading="lazy" width="868" height="372" decoding="async" data-nimg="1" class="Media_image__EtnR7" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1080&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1920&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dja%26hash%3DF8081D2490E57EACA6C41FA0E7F83979&w=1920&q=75"/><div class="Media_inner__2M1Ik"><h3 class="qa-combinedfeed-item-title Media_title__Z_S50">Fertilizer Matters: Sulphur and Sulphuric Acid, Nov 2023</h3><hr class="Media_hr__ajAh0"/><div class="qa-combinedfeed-item-date Media_date__Ot7yV h6">23/11/28</div></div></a></div></div></div><div class="qa-tabspanel-list Tabs_panel__uEe2n " role="tabpanel"><div class="row"><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item Blog_link__iYmxQ Blog_primary__8F4i4 has-image white" href="/ja/news-and-insights/market-insight-papers/copper-market-surplus-could-be-short-lived"><div class="qa-combinedfeed-item-eyebrow sub-heading h5">Insight papers</div><h3 class="qa-combinedfeed-item-title">Copper market surplus could be 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