Local currencies as follows -
China – Renminbi
India – Rupee
Japan – Yen
Russia – Ruble
European Union – Euro
United States Mid-West – US Dollar
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, 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)
