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‘ In every sense
a disruptor’
D a v i s I n d e x
Recyclers needed a tool that represents the materials they actually
trade, says Sean Davidson, founder of Davis Index, a new market
price platform built solely for the metals recycling industry.
cling executives, trade analysts, and
journalists who underwent rigorous
training to specialise in covering and
indexing the recycling trade.
Davis Index’s proprietary tools have
been built for a variety of users,
including:
• Manufacturers – for sales contracts
of the scrap generated during the
making of any metal-intensive prod-
uct from fencing to cars or from
hammers to airplanes
• Recyclers – for supply contracts with
mills and smelters
• Mills and smelters – for supply con-
Davis Index, a main source for
Recycling International’s market
updates, covers more than 900 pro-
prietary price indicators for 80 coun-
tries, as well as metals futures prices
and other reference data. It is
claimed to be the only platform to
have hyper-local coverage of markets
in so many countries: the US, UK,
Germany, Spain, India, Pakistan,
Bangladesh, Japan, South Korea and
Vietnam.
‘In terms of depth and breadth of
coverage, accuracy, cost, and func-
tionality, Davis Index is in every sense
a disruptor,’ says company founder
and ceo Sean Davidson. ‘Existing ser-
vices are frequently inaccurate and
consistently overpriced. The recycling
industry needed a tool that repre-
sents the materials they actually
trade, a tool that it can access and
use in its efforts to preserve and
improve margin. Davis Index is that
asset. This is the price information
service that the industry has waited
30 years for.’
DRIVING GLOBAL TRADE
Davis Index’s main focus is to provide
accurate price indices for free-market
scrap metal and secondary alloys that
are not listed on exchanges but drive
global trade. The service covers fer-
rous and non-ferrous scrap, bulk and
container freight and secondary
alloys. For some specific countries, it
includes finished and semi-finished
steels. Each price index follows
IOSCO compliance guidelines.
STRONG, GLOBAL COVERAGE
The organisation of 50 full-time staff
members is headquartered in
Singapore with offices in Canada,
India, Mexico, Singapore, Ukraine and
the US – in other words the world’s
major scrap supply and consumption
regions.
The company’s core activities are
based on proprietary and trade-repre-
sentative methodologies to calculate
and publish price indices. These are
delivered along with market commen-
tary, news, and analysis. The team
comprises former steel mill and recy-
A BROAD CAREER BEYOND SCRAP
BUSINESS MEDIA
Davis Index is funded by private equity and its
founder Sean Davidson. In previous roles he
worked as global editor of raw materials for
American Metal Market (AMM), Metal Bulletin (MB)
and Steel First. In 2015, Davidson moved to
Houston to build and launch Argus Metal Prices as
its global editor.
Prior to his roles at AMM/MB and Argus, Davidson
served different journalistic and entrepreneurial
roles in the UK, Middle East, and India. His broad
career has spanned print, online, television, recre-
ation, hospitality and technology.
A U T H O R Martijn Reintjes
44-45_davisindex.indd 44 05-03-20 12:30
