MEPS - ASIA STAINLESS STEEL PRICES

All prices are in US Dollars per tonne

Month  Hot Rolled Coil (304)  Hot Rolled Coil (316)  Hot Rolled Plate (304)  Hot Rolled Plate (316)  Cold Rolled Coil (304)  Cold Rolled Coil (316)  Cold Rolled Coil (430)  Drawn Bar (304)  Drawn Bar (316)  
Feb-2016  1617  2469  1922  2842  1791  2670  1647  2313  3075 
Mar-2016  1653  2527  1957  2897  1822  2721  1674  2222  2964 
Apr-2016  1730  2628  2035  3003  1898  2823  1735  2339  3117 
May-2016  1820  2739  2135  3123  1995  2942  1795  2342  3129 
Jun-2016  1729  2638  2037  3022  1899  2841  1735  2267  3048 
Jul-2016  1806  2749  2125  3142  1983  2961  1796  2324  3123 
Aug-2016  1853  2810  2177  3212  2032  3027  1790  2372  3193 
Sep-2016  1850  2804  2160  3191  2017  3006  1770  2400  3214 
Oct-2016  1883  2836  2172  3202  2039  3029  1795  2459  3277 
Nov-2016  1965  2876  2249  3259  2118  3063  1783  2439  3237 
Dec-2016  2037  2980  2346  3415  2194  3170  1792  2510  3314 
Jan-2017  2052  2947  2388  3408  2237  3160  1782  2478  3255 
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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