MEPS - FLAT AND LONG STEEL PRODUCTS COMPOSITE PRICES

All prices are in US Dollars per tonne

Month  Flat products World  Flat products EU  Flat products N. America  Flat products Asia  Long products World  Long products EU  Long products N. America  Long products Asia  
Mar-2017  718  690  869  595  561  498  681  504 
Apr-2017  719  698  875  584  563  509  669  512 
May-2017  704  692  853  568  558  509  662  504 
Jun-2017  687  681  817  563  558  505  663  505 
Jul-2017  681  661  822  561  566  525  666  506 
Aug-2017  706  688  832  598  586  547  674  536 
Sep-2017  731  729  840  624  626  629  679  569 
Oct-2017  717  726  805  621  616  639  640  568 
Nov-2017  714  718  805  618  612  629  639  569 
Dec-2017  729  731  820  636  629  641  646  599 
Jan-2018  760  753  880  647  653  677  686  597 
Feb-2018  Latest prices available on subscription
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Jun-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
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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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