MEPS - CHINA DEALER CARBON STEEL PRICES

All prices are in Renminbi per tonne

Month  Hot Rolled Coil  Hot Rolled Plate  Cold Rolled Coil  Hot Dipped Galvanised Coil  Wire Rod (Mesh)  Structural Sections and Beams  Rebar  Merchant Bar  
Aug-2016  2790  2630  3290  3810  2620  2790  2580  2610 
Sep-2016  2890  2620  3560  3940  2650  2850  2610  2650 
Oct-2016  2900  2650  3690  3990  2660  2870  2610  2640 
Nov-2016  3420  3210  4280  4400  3190  3190  3170  2890 
Dec-2016  3750  3460  4590  4810  3420  3330  3430  3140 
Jan-2017  3820  3420  4730  5030  3420  3180  3340  3330 
Feb-2017  3850  3490  4740  5050  3590  3370  3510  3400 
Mar-2017  3830  3720  4620  5020  3970  3560  3930  3770 
Apr-2017  3290  3420  3940  4510  3730  3270  3680  3570 
May-2017  3170  3220  3800  4350  3710  3190  3700  3510 
Jun-2017  3390  3320  3860  4370  3730  3330  3780  3620 
Jul-2017  Latest prices available on subscription
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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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