MEPS - EU STAINLESS STEEL PRICES

All prices are in Euros 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)  Peeled Bar (304)  Peeled Bar (316)  
May-2017  2242  3190  2490  3435  2389  3340  1732  2546  3519  2297  3227 
Jun-2017  2106  3001  2353  3245  2252  3151  1690  2450  3377  2211  3076 
Jul-2017  2028  2862  2276  3107  2173  3011  1668  2371  3204  2140  2925 
Aug-2017  1942  2753  2189  2998  2087  2902  1571  2256  3067  2040  2803 
Sep-2017  1958  2805  2232  3077  2102  2952  1515  2251  3122  2037  2852 
Oct-2017  2113  3002  2388  3275  2260  3153  1582  2404  3337  2175  3046 
Nov-2017  2128  3007  2401  3278  2275  3158  1637  2455  3378  2224  3084 
Dec-2017  2245  3157  2519  3428  2393  3308  1656  2634  3595  2382  3277 
Jan-2018  2156  3069  2430  3340  2304  3220  1661  2549  3511  2323  3218 
Feb-2018  2185  3186  2464  3468  2333  3337  1625  2587  3675  2356  3364 
Mar-2018  2199  3268  2483  3554  2343  3417  1597  2598  3776  2366  3451 
Apr-2018  Latest prices available on subscription
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Aug-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 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
Sep-2018 
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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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