MEPS - ASIA STAINLESS STEEL PRICES

All prices are in US Dollars per tonne

Month  Hot Rolled Coil (304)  Hot Rolled Coil (316)  Hot Rolled Plate (304)  Hot Rolled Plate (316)  Cold Rolled Coil (304)  Cold Rolled Coil (316)  Cold Rolled Coil (430)  Drawn Bar (304)  Drawn Bar (316)  
Sep-2017  2123  3080  2445  3555  2305  3312  1874  2505  3448 
Oct-2017  2074  3010  2389  3464  2252  3224  1850  2621  3548 
Nov-2017  2102  3043  2419  3500  2258  3236  1856  2601  3546 
Dec-2017  2131  3085  2457  3551  2296  3287  1866  2634  3592 
Jan-2018  2129  3065  2465  3545  2302  3277  1870  2657  3631 
Feb-2018  2213  3188  2553  3673  2386  3400  1918  2695  3688 
Mar-2018  2255  3308  2594  3792  2426  3518  1915  2682  3689 
Apr-2018  2264  3331  2596  3808  2427  3533  1905  2733  3776 
May-2018  2246  3295  2572  3765  2407  3495  1865  2728  3757 
Jun-2018  2277  3323  2599  3789  2435  3519  1861  2760  3777 
Jul-2018  2239  3258  2570  3742  2387  3445  1810  2746  3724 
Aug-2018  Latest prices available on subscription
Subscribe to the above steel price table with monthly updates for GBP 250 per annum - Buy
Sep-2018 
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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 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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