MEPS - EU STAINLESS STEEL PRICES

All prices are in Euros 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)  Peeled Bar (304)  Peeled Bar (316)  
Jun-2016  1739  2476  2007  2740  1884  2624  1397  1871  2696  1698  2483 
Jul-2016  1725  2515  1990  2778  1868  2661  1386  1858  2728  1685  2515 
Aug-2016  1843  2638  2108  2900  1986  2783  1400  2054  2929  1859  2693 
Sep-2016  1935  2759  2197  3017  2079  2905  1425  2161  3076  1954  2826 
Oct-2016  1883  2692  2141  2947  2025  2837  1420  2156  3067  1950  2819 
Nov-2016  1957  2774  2214  3029  2102  2922  1449  2250  3155  2033  2893 
Dec-2016  2071  2910  2329  3164  2217  3060  1520  2337  3263  2108  2987 
Jan-2017  2242  3123  2496  3374  2389  3274  1595  2432  3423  2197  3143 
Feb-2017  2329  3201  2580  3450  2475  3351  1762  2492  3403  2239  3117 
Mar-2017  2301  3183  2553  3432  2448  3333  1757  2568  3483  2315  3195 
Apr-2017  2350  3277  2601  3526  2496  3427  1775  2616  3568  2360  3272 
May-2017  Latest prices available on subscription
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Sep-2017  One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy One year forecast updated monthly for GBP 400 per annum Buy
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Copyright © 2017 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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