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MEPS - ASIAN CARBON STEEL PRICES
- WITH INDIVIDUAL PRODUCT FORECASTS
(US$/tonne)
All tables and forecasts are updated
monthly.
Copyright © 2012 by MEPS
International Ltd.
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 prices are also
available for Japan, Taiwan, South Korea and China in MEPS International
Steel Review
Click
here for product and price definitions
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 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. (See
License Terms and Conditions)
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