MEPS - EU STAINLESS STEEL PRICE
on Euro/tonne values)
All tables are updated monthly.
Copyright © 2016 by MEPS International
Prices in the above table are for reference only. No data may be reproduced
in any manner whatsoever without written permission from MEPS.
Note:- EU Stainless Steel Prices are
computed from a arithmetic average of the low values identified in the top five
consuming countries (Germany, France, Italy, UK, Spain) for each product in the
relevant period - collected in national currencies and converted into Euro's at
a specified date each month to provide a basis for comparisons.
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)