MEPS - NORDIC 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 (Drawn)  Structural Sections and Beams  Rebar  Merchant Bar  
Feb-2016  367  417  458  520  516  436  483  361  546 
Mar-2016  371  417  462  531  529  433  474  351  537 
Apr-2016  385  432  480  556  556  455  483  370  548 
May-2016  449  500  548  620  628  510  526  478  619 
Jun-2016  461  538  557  631  639  523  559  478  617 
Jul-2016  460  536  555  628  637  501  545  456  582 
Aug-2016  456  531  550  624  632  497  540  452  580 
Sep-2016  460  535  560  633  637  478  508  426  557 
Oct-2016  478  535  576  649  657  457  495  395  537 
Nov-2016  502  537  599  670  680  448  496  396  539 
Dec-2016  568  566  664  736  746  481  522  442  563 
Jan-2017  597  591  692  765  778  493  545  453  580 
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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