We see what sellers list and what buyers ask for, every day, across India. Market Intelligence is that activity put on screen: price bands, demand, regional spread and which way prices are moving. This page walks through each screen, how to read it, and where the numbers stop.
The numbers come from one place: real listings and RFQs on M-EX. We do not buy data from anyone, we do not estimate, and we do not back-fill gaps. The more people trade here, the better it gets on its own - more activity means tighter bands and longer trend history.
Metal pricing in India is hard to see clearly. The prices you can find are usually national averages for a few common grades, often weeks old, and they say nothing about the exact grade, form, surface and location your order actually depends on. If you are sourcing EN19 round bar in Maharashtra or pricing 4140 forgings, that average is close to useless. You end up working the phones.
We are sitting on the data that fills that gap, because it is the platform itself: what is being offered and what is being asked, grade by grade, state by state, today. So we put it on screen. The point is to give buyers and sellers a current reference they can both look at - and to keep it honest by only showing what we actually see.
This is the main one. For each grade, form, surface and documentation status it gives the price range, low to high, and the median, in rupees per metric tonne, before GST. Filter down to the exact spec you are after.
Every row also shows which way the price has moved over 7, 15 and 30 days, so you are not just seeing today's number in isolation.
Open the Price Band Browser ->Which grades are short, which are sitting in surplus, and where the buying interest is. Grades that buyers keep asking for but sellers are not posting show up as shortages. Grades that are well stocked with few buyers show up as surplus. Handy if you are deciding what to list or where the pricing pressure is building.
Open Supply and Demand Balance ->A map of where the activity is, by zone, down to individual states. Colour shows total activity. Click a region to open its states, click a state to see how its supply and demand split.
Open Regional Demand and Supply ->A treemap across the metal families - alloy, carbon, tool, mild, stainless and the rest. Switch between activity count and cumulative listing value to see where the volume is versus where the money is.
Open Market Activity by Metal Type ->Each band is drawn from reserve prices on sale listings and ceiling prices on RFQs for that spec. Low and high mark the spread; the median is the middle value, which holds up better than an average when one odd listing turns up. Read the band as where the market is sitting, not as a price you can hold someone to.
It compares today's median against the median that many days back, for the same grade, form and surface. Green up, red down, with the percentage; under half a percent reads as flat. If we do not yet have enough history for a period, it says NA rather than showing you a number we do not stand behind. The 15 and 30-day columns fill in by themselves as the history builds up.
One grade and form can have several listings on the same day. To stop a single stray listing from swinging a trend, we compare against the most-traded version of that spec and throw out anything built on too few data points. The trade-off is that a thin spec will show "new" until there is enough behind it to mean something.
This is an indicative reference from our own platform activity. It is not a quote, not a guarantee, not investment advice, and it is not a forecast. We do not try to call where prices are heading - that runs on raw material, currency, freight and policy that we cannot see from here, and pretending otherwise would just make the data less trustworthy. What you get is a straight read of what is being listed and asked for on M-EX, refreshed daily.
What you actually pay comes down to quantity, quality, payment terms and whatever you and the other side settle on.
We add to this one screen at a time. Some of what is next will be opened up to subscribers as the data gets deeper:
The regional map filtered to a single grade - where EN19 specifically is wanted across states - instead of total site activity.
Pick two dates and run a slider between them to watch price bands and demand shift, once there is enough history behind it.
Up, flat or down over 30 days, moving averages, demand momentum - read off our own history. Still not forecasting.
Disclaimer: All price information on this page is indicative only and derived from posted listings and RFQs on M-EX. It does not constitute a market price quote or investment advice. M-EX and GTE make no representations as to accuracy or completeness. Actual transaction prices depend on quantity, quality, payment terms and other commercial factors agreed between buyers and sellers.