MEPS - INDIA CARBON STEEL PRICES

All prices are in Rupees 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  35100  34000  40600  43650  26800  29300  29400  29600 
Mar-2017  33800  33100  39300  43650  28250  30800  30600  30900 
Apr-2017  34700  34390  40390  46390  32100  33800  32800  33600 
May-2017  33350  32600  39750  46000  28300  31500  30800  31300 
Jun-2017  32000  32200  37950  44000  28900  30300  29900  30800 
Jul-2017  34000  34000  40900  47000  29000  31500  29600  30600 
Aug-2017  37500  37000  42400  49000  30500  32700  30600  31800 
Sep-2017  38500  38000  43500  51500  31600  32300  30500  31400 
Oct-2017  38500  37000  43900  51200  30000  31500  29200  30300 
Nov-2017  39000  37000  44100  51200  30650  32700  29900  30900 
Dec-2017  39500  37500  44100  51200  32400  35300  32900  33700 
Jan-2018  Latest prices available on subscription
Subscribe to the above steel price table with monthly updates for GBP 250 per annum - Buy
Feb-2018 
Mar-2018 
Apr-2018 
May-2018  One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy One year forecast updated monthly for GBP 430 per annum Buy
Jun-2018 
Jul-2018 
Aug-2018 
Sep-2018 
Oct-2018 
Nov-2018 
Dec-2018 
Jan-2019 
Feb-2019 
Mar-2019 
Apr-2019 

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.
(See License Terms and Conditions)