Argus acquires Metal-Pages, extends metals coverage

 

London, 6 May 2014. Global energy and commodity price reporting agency Argus has bought Metal-Pages, a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys. The acquisition will greatly increase the range of Argus information available to the metals sector.

Metal-Pages was established in 2000 and publishes 230 individual metals prices on a twice-weekly basis. Its coverage is international with a particular strength in Asia, where it operates a Chinese language website with domestic prices and news. Metal-Pages also has contributors in India, South Africa, the US, South America and Europe, complementing Argus’ global network of offices.

Metal-Pages price assessments are used by producers, consumers and trading companies as a reference price in spot and term contracts as well as to value stock and evaluate new projects and opportunities. In addition to price information, Metal-Pages publishes information on supply and demand fundamentals, news and analysis and runs market-leading conferences. Metals-Pages staff will join Argus’ international team.

Argus Media chairman and chief executive Adrian Binks said: “Metal-Pages is a great fit with Argus’ existing product range. We have been growing our metals business in recent years, reporting on steel feedstocks, iron ore and coking coal markets, and Metal-Pages will help us to increase our level of service significantly. Metal-Pages is a dedicated, expert provider of information on opaque markets and as such ties in well with the rest of the Argus business.”

Metal-Pages founder and chief executive Nigel Tunna said: “Argus is growing rapidly and we feel excited at the prospect of using its distribution network, contacts and resources to grow our coverage and expand our service further. Independent, reliable price information and other information services are greatly valued by the metals industry and we have many mutual ideas about how we can develop our products further, both in terms of content and also enhanced delivery and usability options.”

Terms of the acquisition were not disclosed.

Media contacts:

London 

Seana Lanigan 

+44 20 7780 4272 

seana.lanigan@argusmedia.com 

 

Deja un comentario

Este sitio utiliza Akismet para reducir el spam. Conoce cómo se procesan los datos de tus comentarios.