MEPS - EU CARBON STEEL PRICES

All prices are in Euros 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  
Feb-2016  313  373  407  460  477  331  499  340  461 
Mar-2016  326  381  420  478  495  345  490  341  451 
Apr-2016  372  412  456  516  529  374  491  364  461 
May-2016  436  485  535  598  599  504  548  481  497 
Jun-2016  444  507  543  610  607  477  591  466  503 
Jul-2016  426  496  528  597  593  444  572  433  485 
Aug-2016  426  496  528  596  593  444  572  433  485 
Sep-2016  440  498  542  604  605  420  545  413  462 
Oct-2016  454  500  558  621  635  391  522  388  447 
Nov-2016  463  509  565  629  644  406  517  401  451 
Dec-2016  546  545  652  716  732  443  573  430  487 
Jan-2017  566  567  665  730  744  443  584  436  496 
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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