MEPS - ASIAN STAINLESS STEEL PRICE
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
Note:- Asian Stainless Steel
Prices are computed from a arithmetic average of the low values
identified in Japan, Taiwan, South Korea and China for each product
in the relevant period - collected in national currencies and converted
into US dollars at a specified date each month to provide a basis
Index is based on April 1997 = 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%.
Stainless Steel transaction
prices are also available in MEPS Stainless
for product and price definitions
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)