MEPS - CHINA EXPORT 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  Wire Rod (Mesh)  Structural Sections and Beams  Rebar  Merchant Bar  
Feb-2016  275  270  345  385  265  305  265  285 
Mar-2016  345  345  395  450  310  320  325  305 
Apr-2016  405  380  465  525  380  365  355  340 
May-2016  390  375  460  510  360  360  345  365 
Jun-2016  345  340  395  460  315  345  305  355 
Jul-2016  370  355  410  460  345  350  335  330 
Aug-2016  380  365  425  490  365  345  350  330 
Sep-2016  383  351  441  511  355  380  344  345 
Oct-2016  388  364  418  517  356  373  346  340 
Nov-2016  462  437  543  598  418  420  403  380 
Dec-2016  515  477  593  648  463  450  454  405 
Jan-2017  500  460  575  635  440  425  435  415 
Feb-2017  Latest prices available on subscription
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Copyright © 2016 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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