MEPS - CHINA DEALER CARBON STEEL PRICES

All prices are in Renminbi 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  
Mar-2017  3830  3720  4620  5020  3970  3560  3930  3770 
Apr-2017  3290  3420  3940  4510  3730  3270  3680  3570 
May-2017  3170  3220  3800  4350  3710  3190  3700  3510 
Jun-2017  3390  3320  3860  4370  3730  3330  3780  3620 
Jul-2017  3770  3610  4250  4570  3850  3610  3910  3800 
Aug-2017  4170  3940  4680  4850  4180  4020  4220  4170 
Sep-2017  4320  4140  4840  5010  4310  4130  4290  4370 
Oct-2017  4240  4160  4770  4940  4230  4030  4160  4280 
Nov-2017  4220  4130  4830  4950  4270  3970  4280  4280 
Dec-2017  4420  4330  5020  5090  4740  4290  4960  4500 
Jan-2018  4150  4030  4870  5070  4020  3900  4050  4290 
Feb-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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