MEPS - NORTH AMERICAN STAINLESS
STEEL PRICE INDEX
on US$/tonne values)
All tables are updated monthly.
Copyright © 2016 by MEPS
Prices in the above table are for reference only. No data may be
reproduced in any manner whatsoever without written permission from
North American Stainless Steel Prices are computed from the low
prices identified in the US (midwest) collected in US Dollars for
each product in the relevant period.
Index is based on April 1997 =
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%.
Stainless Steel transaction
prices are also available in MEPS Stainless
for product and price definitions
All price and
market data is researched by MEPS staff and our local
correspondents. The data in this table has been calculated from
prices obtained from respondents who we consider provide accurate
intelligence on 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 the pricing information on this
website however it may arise.
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)