Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
 
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index


MEPS - WORLD STAINLESS STEEL PRICE INDEX  

(Based on US$/tonne values)

APR 1997=100

All tables are updated monthly.

Copyright 2014 by MEPS International Ltd.

Note:- World Stainless Steel Prices are computed as an arithmetic average of the low transaction values identified in three regions  (European Union, United States and Asia), converted into US dollars for each product in the relevant period.

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 Steel Review

Click here for product and price definitions

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, 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)