Founded in 2010, RS Metrics captures data from satellite and aerial imagery to provide insights, trends and market signals. Our patented AI platform uses state-of-the-art computer vision and machine learning to get accurate, near real-time information to you.
Data is purchased and generated through stable, long-term contracts with satellite and aerial imagery suppliers operating under the laws and guidelines of the US Commercial Remote Sensing Policy.
MetalSignals coverage includes approximately 500 metal smelters, electrolysis plants, storage sites, ports, and terminals for aluminum, copper, zinc, iron ore, and steel rebar. This year we are adding coverage of bauxite, alumina, coal, and more steel coverage including hot rolled coil (HRC), and cold rolled coil (CRC).
We currently cover base metals: aluminum, copper, iron ore, steel, and zinc. We will be adding more metals shortly into our coverage.
RS Metrics tracks all regions globally and breaks out the data by individual location, country, and continent.
Locations are added based on:
1. Information from our partner PRAs (Price Reporting Agencies) such as Metal Bulletin and Platts; consulting firms; and indices
2. Client demand
3. Market research
We currently use the following LME tickers:
|Aluminum||Aluminium HG 3M Cash||P4Y00|
|Copper||LME Copper 3M Official Cash||L5CY00|
|Zinc||LME Zinc 3M Official Cash||L5ZY00|
There are no restrictions globally for satellite imagery other than a government mandated minimum resolution of 35 centimeters. This excludes personal identifiers such as faces or license plates from imagery.
The main differences between satellites, airplanes, and drones are
- Resolution: satellites are 35cm-1m, airplanes are 10-30cm, drones are 5cm or better
- Flexibility: drone and aerial images can be taken any time of day while most satellites can only do between 11am-1:30pm
- Legal Restrictions: drones can only be flown over land with permission from the property owner
- Reach: satellites can image anywhere while drones and airplanes are not allowed in many countries, such as China
More information can be found here: https://insights.rsmetrics.wpengine.com/choosing-satellite-or-aerial-imagery
Data observations are provided in UTC time and converted to local time.
Some of the key data fields measured are as follows:
- Metal stockpile area (m2)
- Concentrates stockpile area (m2)
- Copper anodes area (m2)
- Copper cathodes area (m2)
- Dump trucks / tippers
- Collection date time
- Location Type
- Metal Type
Here are some applications:
- Price and inventory forecasting and hedging: Forecast LME and CME price direction 1, 2, and 3 months out with 70-80% accuracy and LME and CME inventory direction 1, 2, and 3 months out with over 80% accuracy.
- Macro forecasting and analysis: Forecast commodity-cycle macro impacts based on under or oversupply of base metals globally or by region or country.
- Equity forecasting and analysis: Forecast stock price direction for equities, FX, and indices with metals-exposure (e.g. AA, GLEN, RIO, COPX).
- Market analysis: See real time inventory production and storage trends for approximately 400 global base metal smelters and storage sites, and iron ore terminals. Adding locations for Steel, Bauxite, and Alumina.
- Sales, business and competitive intelligence: See who is increasing or decreasing their inventory and where. See if customers are increasing or decreasing production at key factories.