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MEPS - COMPOSITE
STAINLESS STEEL PRICE & INDEX - GRADE
304
(Based
on US$/tonne values)
April
1997 = 100
All figures are updated monthly.
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GLOBAL
COMPOSITE
STAINLESS STEEL PRICE
|
GLOBAL
COMPOSITE
STAINLESS STEEL INDEX
|
EU
COMPOSITE
STAINLESS STEEL PRICE
|
EU
COMPOSITE
STAINLESS STEEL INDEX
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N. AMERICA
COMPOSITE
STAINLESS STEEL PRICE
|
N.AMERICA
COMPOSITE
STAINLESS STEEL INDEX
|
ASIA
COMPOSITE
STAINLESS STEEL PRICE
|
ASIA
COMPOSITE
STAINLESS STEEL INDEX
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|
Feb-08 |
4122
|
219.7
|
4165
|
231.6
|
4307
|
207.1
|
3895
|
222.3
|
|
Mar |
4353
|
232.0
|
4426
|
246.2
|
4557
|
219.1
|
4075
|
232.6
|
|
Apr |
4631
|
246.8
|
4812
|
267.6
|
4697
|
225.9
|
4384
|
250.2
|
|
May |
4732
|
252.1
|
4784
|
266.1
|
5181
|
249.1
|
4231
|
241.5
|
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Jun |
4669
|
248.8
|
4820
|
268.1
|
5062
|
243.4
|
4124
|
235.4
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Jul |
4440
|
236.6
|
4419
|
245.8
|
4877
|
234.5
|
4024
|
229.7
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Aug |
4286
|
228.4
|
4212
|
234.3
|
4632
|
222.7
|
4013
|
229.0
|
|
Sep |
3870
|
206.2
|
3605
|
200.5
|
4383
|
210.8
|
3623
|
206.8
|
|
Oct |
3664
|
195.3
|
3483
|
193.7
|
4115
|
197.9
|
3394
|
193.7
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|
Nov |
3214
|
171.3
|
2932
|
163.1
|
3735
|
179.6
|
2974
|
169.7
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|
Dec |
2686
|
143.1
|
2562
|
142.5
|
2825
|
135.9
|
2670
|
152.4
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Jan-09 |
2499
|
133.2
|
2485
|
138.2
|
2442
|
117.4
|
2570
|
146.6
|
|
Feb |
2291
|
122.1
|
2298
|
127.8
|
2171
|
104.4
|
2404
|
137.2
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Mar |
2098
|
111.8
|
2056
|
114.4
|
2107
|
101.3
|
2132
|
121.7
|
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Apr |
2091 |
111.4 |
2064 |
114.8 |
1998 |
96.1
|
2210
|
126.1 |
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May |
2110 |
112.5 |
2107 |
117.2 |
2040
|
98.1
|
2184 |
124.4 |
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Jun |
2348 |
125.1 |
2401 |
133.6 |
2223 |
106.9 |
2419 |
138.1 |
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Jul |
2489
|
132.6 |
2569 |
142.9 |
2428 |
116.7 |
2471 |
141.0 |
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Aug |
2793 |
148.9 |
2880 |
160.2 |
2760 |
132.7 |
2740 |
156.4 |
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Sep |
2949 |
157.1 |
3215 |
178.8 |
2945 |
141.6 |
2686 |
153.3 |
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Oct |
3076 |
163.9 |
3233 |
179.8 |
3320 |
159.6 |
2677 |
152.8 |
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Nov |
3043 |
162.1 |
3240 |
180.2 |
3214 |
154.6 |
2674 |
152.6
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Dec |
3053 |
162.7 |
3183 |
177.0 |
3290 |
158.2 |
2686 |
153.3 |
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Jan-10 |
2912 |
155.2 |
2882 |
160.3 |
3115 |
149.8 |
2738 |
156.2 |
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Feb-10 |
3023 |
161.1 |
3084 |
171.5 |
3175 |
152.7 |
2801 |
160.4 |
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Copyright © 2010
by MEPS International Ltd.
Note:- Composite prices are a weighted average of
the low transaction values for all grade 304 stainless steel products
in the flat & long categories identified in three regions (EU,
Asia, and North America), converted into US Dollars using currency
exchange rates effective at the start of each month to provide a
basis for comparisons. Index is based on April 1997 = 100.
We have more stainless steel price
and market information for hot rolled plate, hot and cold rolled
strip, plus two bar products. Two austenitic and ferritic grades are
assessed in thirteen countries around the world covering 65% of
global consumption available in
the MEPS
Stainless
Steel Review.
Click here for product and
price definitions
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,
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
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