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  
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  41500  42000  47500  53500  38000  37800  37000  37100 
Feb-2018  43500  43000  47500  54500  37100  37800  38400  38300 
Mar-2018  44800  44500  48900  54000  38200  39300  38200  38700 
Apr-2018  45600  44500  50800  56000  38900  40600  38800  38900 
May-2018  46000  45500  51300  57000  40400  42300  40400  41000 
Jun-2018  Latest prices available on subscription
Subscribe to the above steel price table with monthly updates for GBP 250 per annum - Buy
Jul-2018 
Aug-2018 
Sep-2018 
Oct-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
Nov-2018 
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Jan-2019 
Feb-2019 
Mar-2019 
Apr-2019 
May-2019 
Jun-2019 
Jul-2019 
Aug-2019 
Sep-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.
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