Commodity Intelligence for Rolling Mills
Rolling mills and converting plants operate on thin conversion margins where base metal price volatility can erase profitability overnight. Novaex gives you real-time visibility into LME/MCX base prices, product premiums, and conversion spreads — so you can procure smarter and hedge better.
The Margin Squeeze Facing Rolling Mills
Rolling mills convert primary metal into coils, sheets, plates, and foils — products where pricing is [Base Metal Price] + [Conversion Premium]. When LME or MCX prices swing by 5-10% in a week, your conversion margin can evaporate if you have not hedged. Meanwhile, customer contracts may lock in selling prices weeks ahead. Without real-time input cost visibility and hedging tools, rolling mills are flying blind.
How Novaex Protects Your Conversion Margins
Real-Time Base Price Tracking
Live LME and MCX aluminum and copper prices with sub-second updates. Track the base metal input cost that drives your raw material spend in real-time.
Product Premium Monitoring
Track regional premiums for coils, sheets, and plates — including MJP, US Midwest, Rotterdam, and domestic Indian premiums — alongside conversion cost spreads.
Conversion Margin Analytics
Monitor the spread between primary metal input prices and rolled product output prices. Identify when conversion margins are expanding or compressing to optimize procurement timing.
Hedging Decision Support
Scenario modeling tools to evaluate when to lock in base prices vs. staying spot. Analyze the impact of different hedging strategies on your conversion margins.
Why Rolling Mills Choose Novaex
Purpose-built analytics for manufacturers who need to manage base metal exposure across procurement, production, and sales.
Procurement Timing
Identify optimal buying windows for metal inputs based on real-time market intelligence and historical patterns.
Margin Protection
Scenario model the impact of base metal price moves on your conversion margins before committing to customer pricing.
Premium Tracking
Monitor regional and grade-specific premiums that affect the actual landed cost of your metal inputs.
Unified Position View
See physical inventory, financial hedges, and FX exposure in one integrated view across all product lines.
Frequently Asked Questions
Protect Your Conversion Margins
Get real-time base metal pricing, premium tracking, and hedging tools built for rolling mills and converting plants.