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Home > BRIC Countries Steel Price Index         

(Brazil, Russia, India & China)

  Index - January 2009 = 100

Note:- Prices are derived from an arithmetic average of the low transaction values identified in Brazil, Russia, India 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.

Index is based on January 2009 = 100.

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%.

BRIC country steel prices are also available in our monthly PDF report Developing Markets' Steel Review

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.  

MEPS (INTERNATIONAL) LTD cannot be made liable for any loss resulting from the use of this data however it may arise. (See License Terms and Conditions).

Copyright 2016 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 MEPS.