MEPS - ASIAN CARBON STEEL PRICES -
All tables and forecasts are updated
Copyright © 2017
by MEPS International Ltd.
Prices in the above table are for reference only. No data may be
reproduced in any manner whatsoever without written permission from
Note:- Prices are
derived from an arithmetic average of the low transaction values
identified in Japan, Taiwan, South Korea and China - collected in
national currencies and converted into US dollars using currency
exchange rates effective at the start of each month to provide a
basis for comparisons. These rates are utilised for our forecasts.
China not included in HD Galvanised.
Steel transaction prices are
also available for China, Japan, Taiwan and South Korea in
for product and price definitions
price and market data is researched by MEPS staff and our local
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
endeavors 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 these
price forecasts however it may arise.
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