MEPS - BRIC 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-2017  556  565  651  703  480  559  490  511 
Mar-2017  553  576  641  699  494  575  503  528 
Apr-2017  532  569  628  696  492  592  501  545 
May-2017  507  554  599  690  471  579  477  526 
Jun-2017  500  530  574  676  472  582  468  523 
Jul-2017  510  545  596  676  475  583  476  528 
Aug-2017  570  601  643  727  525  609  506  564 
Sep-2017  600  619  680  775  555  641  533  583 
Oct-2017  610  627  680  784  526  625  509  569 
Nov-2017  597  601  664  763  528  612  514  569 
Dec-2017  591  606  672  757  552  635  552  591 
Jan-2018  Latest prices available on subscription
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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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