MEPS - MACHINERY SECTOR

All figures are based on prices in US Dollars per tonne

Month  World Index  EU Index  North America Index  Asia Index  
Sep-2017  102.6  86.2  109.4  118.3 
Oct-2017  100.2  87.1  101.6  118.1 
Nov-2017  99.3  86.2  100.5  117.7 
Dec-2017  101.1  87.2  101.6  121.5 
Jan-2018  105.5  91.1  108.4  123.5 
Feb-2018  111.0  97.5  115.4  125.8 
Mar-2018  114.7  96.5  125.5  127.8 
Apr-2018  117.7  96.8  133.0  128.8 
May-2018  116.6  93.6  135.9  125.7 
Jun-2018  116.6  90.0  138.6  127.5 
Jul-2018  116.5  90.5  139.2  125.6 
Aug-2018  One year current prices updated monthly for only GBP 250
Buy
One year current prices updated monthly for only GBP 250
Buy
One year current prices updated monthly for only GBP 250
Buy
One year current prices updated monthly for only GBP 250
Buy
Sep-2018 
Oct-2018 
Nov-2018 
Dec-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
Jan-2019 
Feb-2019 
Mar-2019 
Apr-2019 
May-2019 
Jun-2019 
Jul-2019 
Aug-2019 
Sep-2019 
Oct-2019 
Nov-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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