MEPS - ASIA CARBON STEEL PRICES

All prices are in US Dollars per tonne

Month  Hot Rolled Coil  Hot Rolled Plate  Cold Rolled Coil  Hot Dipped Galvanised Coil  Electro-zinc Coil  Wire Rod (Mesh)  Structural Sections and Beams  Rebar  Merchant Bar  
Jun-2016  434  464  520  635  722  420  509  387  474 
Jul-2016  433  471  530  657  745  431  528  396  479 
Aug-2016  449  486  549  676  766  441  541  405  500 
Sep-2016  439  488  540  652  747  437  530  406  483 
Oct-2016  445  489  548  658  755  433  536  406  486 
Nov-2016  460  499  569  654  731  444  539  420  479 
Dec-2016  487  516  582  649  731  458  542  425  496 
Jan-2017  519  521  612  684  758  461  549  430  521 
Feb-2017  541  532  641  731  802  483  583  453  543 
Mar-2017  534  538  635  724  796  502  586  472  548 
Apr-2017  524  530  611  721  788  506  598  478  567 
May-2017  Latest prices available on subscription
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Sep-2017  One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy
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Copyright © 2017 by MEPS International Ltd.

Prices in the above table are for reference only. No data may be reprodcued in any manner whatsoever without written permission from MEPS.

To calculate an index number, divide the selected month’s price by the starting (base) value. Then multiply by 100. For example: Index number = ($720 / $500) x 100 = 144. To calculate the month-on-month percentage change, divide this month’s value by last month’s value. Then subtract 1 and multiply by 100. For example: Percentage change = (120 / 110) -1) x 100 = +9%.

All price and market data is researched by MEPS staff and our local correspondents. The information in the tables, charts and commentaries have been calculated from respondents who we consider provide accurate intelligence on the relevant steel markets. We make our best endeavours to be assured that the information is correct and that our analysis is reliable.

Our predictions are based on a wide experience of steel consumption patterns. The econometric models we have constructed take into account raw material costs, macro-economic factors, past price trends and the dynamics of the market. However, steel prices can be influenced by a number of other factors. These include currency exchange rates,  trade regulations including import safeguard measures, anti-dumping actions and other government interference in normal trade patterns. More than one third of all steel produced is sold outside the country of manufacture. Accordingly, changes in market conditions in one country can impact on pricing in other parts of the world. Consequently, these forecasts should be used only as a guide to future tendencies. MEPS (INTERNATIONAL) LTD cannot be made liable for any loss resulting from the use of this data however it may arise.
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