MEPS - WORLD 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)  
Jul-2017  2042  2877  2371  3251  2238  3087  1785  2509  3406 
Aug-2017  2101  2955  2433  3333  2294  3161  1797  2574  3492 
Sep-2017  2194  3105  2537  3498  2404  3333  1819  2631  3629 
Oct-2017  2319  3248  2658  3632  2528  3470  1873  2807  3836 
Nov-2017  2298  3216  2637  3600  2499  3430  1880  2784  3806 
Dec-2017  2379  3329  2723  3719  2584  3548  1878  2921  3979 
Jan-2018  2301  3256  2650  3651  2510  3479  1866  2868  3939 
Feb-2018  2414  3479  2770  3884  2624  3704  1897  2975  4169 
Mar-2018  2463  3599  2818  4004  2670  3822  1886  2984  4240 
Apr-2018  2540  3711  2903  4124  2748  3929  1942  3087  4375 
May-2018  2530  3673  2898  4086  2741  3899  1929  3125  4366 
Jun-2018  Latest prices available on subscription
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Oct-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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