Hot Metal Production Index (Pig Iron)
Providing unbiased and near real-time production trends for major Steel mills in the world
At Tathya, we have developed a Hot Metal Production Index (Pig Iron) covering the major steel mills of the world. Primary data sources we are using are satellite images and maritime flow of raw materials to have holistic insights. The data is useful to Commodity Traders, Hedge funds, Mining companies, Banks, Downstream companies and Steel producers.
Problem & Solution
In an era of trade conflicts, countries are diverging to siloed and protectionist economies and data of key economic indicators such as steel production is manoeuvred
- Production Data comes with a huge lag like a quarter or month
- Steel Companies declare numbers in a curtailed way
- Some Steel Comapnies don't declare their production numbers
We aim to remove these gaps in the production data availiability by providing near real-time and unbiased steel production data at a mill or company level. Our algorithms derived using satellite imagery data determine the activity index in a steel mill which is converted into a production index using different stastical models
Coverage
We cover all the major steel producing geographies such as China, India, Japan, South Korea and others contributing to more than 80% of Total Hot Metal production
Frequency
Data is updated near real-time which gives an Edge to our Customers in the Financial and Hedging world
Insights
Datasets include production trend analysis, unplanned shutdowns and any other anomaly events. The data can be filtered by Region, Country and at Mill level