MEPS - LATIN AMERICA 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  441  482  517  590  515  602  553  544 
Mar-2016  448  491  524  607  483  572  519  512 
Apr-2016  500  538  562  649  507  596  525  530 
May-2016  534  590  628  726  514  599  535  534 
Jun-2016  529  584  620  715  496  587  530  530 
Jul-2016  590  618  738  796  526  622  562  562 
Aug-2016  581  608  726  783  517  612  553  553 
Sep-2016  553  599  706  750  515  622  542  571 
Oct-2016  568  596  694  742  507  612  523  553 
Nov-2016  587  615  720  769  510  618  526  555 
Dec-2016  597  635  754  831  526  621  561  561 
Jan-2017  629  715  793  900  561  662  604  585 
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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