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)  
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  2554  3686  2915  4093  2763  3910  1925  3178  4412 
Jul-2018  2562  3683  2944  4115  2768  3897  1905  3255  4483 
Aug-2018  2522  3626  2904  4062  2725  3844  1889  3181  4371 
Sep-2018  2426  3554  2796  3981  2632  3778  1846  3116  4346 
Oct-2018  2315  3433  2683  3852  2525  3656  1794  3021  4227 
Nov-2018  2269  3374  2633  3784  2479  3595  1763  2977  4167 
Dec-2018  2145  3207  2549  3675  2354  3426  1758  2913  4089 
Jan-2019  2076  3125  2480  3593  2289  3345  1737  2833  3990 
Feb-2019  Latest prices available on subscription
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Jun-2019  One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 per annum Buy One year forecast updated monthly for GBP 445 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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