MEPS - CIS 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  
Mar-2018  646  655  729  807  568  727  556  660 
Apr-2018  662  675  720  806  567  740  557  655 
May-2018  640  662  704  801  552  709  551  626 
Jun-2018  629  665  681  831  560  733  559  637 
Jul-2018  621  649  660  836  541  730  546  620 
Aug-2018  605  615  684  850  522  722  534  621 
Sep-2018  591  584  648  797  530  687  526  571 
Oct-2018  588  591  650  816  530  703  519  582 
Nov-2018  576  577  645  796  512  693  506  561 
Dec-2018  552  560  629  774  513  685  494  556 
Jan-2019  507  532  609  763  492  693  457  547 
Feb-2019  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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