MEPS - CIS 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  288  312  341  463  265  466  240  300 
Mar-2016  315  331  376  460  297  488  273  319 
Apr-2016  359  381  423  521  349  541  322  369 
May-2016  439  452  481  595  419  599  388  463 
Jun-2016  473  485  525  595  427  594  406  460 
Jul-2016  458  491  492  609  398  582  374  453 
Aug-2016  425  442  482  612  374  569  340  428 
Sep-2016  430  447  491  632  377  551  351  422 
Oct-2016  448  451  525  641  396  562  368  439 
Nov-2016  453  456  536  652  422  589  390  467 
Dec-2016  491  493  583  656  463  584  422  486 
Jan-2017  518  512  602  686  458  595  441  480 
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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