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)  
Feb-2017  2139  3048  2451  3497  2295  3241  1844  2489  3288 
Mar-2017  2075  2935  2393  3393  2237  3134  1834  2452  3249 
Apr-2017  2047  2933  2373  3379  2215  3138  1808  2506  3322 
May-2017  1936  2801  2258  3251  2112  3018  1769  2383  3175 
Jun-2017  1872  2735  2184  3188  2036  2937  1743  2282  3094 
Jul-2017  1902  2759  2206  3203  2049  2944  1739  2257  3061 
Aug-2017  2055  2959  2357  3402  2186  3127  1808  2441  3303 
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  Latest prices available on subscription
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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
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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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