MEPS - FLAT AND LONG CARBON STEEL PRODUCT PRICES - WITH INDIVIDUAL PRODUCT FORECASTS

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MEPS - FLAT & LONG CARBON STEEL PRODUCT PRICES - WITH INDIVIDUAL PRODUCT FORECASTS
($US/tonne)

All tables and forecasts are updated monthly.

Note:- Flat Product Prices and Indices are calculated using a weighted average (based on consumption) of the low values recorded in the relevant period for hot rolled coil and plate, cold rolled coil, hot dipped and electrozinc coated coils in each region - collected in national currencies and converted into US Dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons. These rates are utilised for our forecasts.

Long Product Prices and Indices are calculated using a weighted average (based on consumption) of the low values recorded in the relevant period for wire rod, structural sections, reinforcing bar and merchant bar in each region - collected in national currencies and converted into US Dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons. These rates are utilised for our forecasts.

World Flat and Long Prices are calculated as an arithmetic average of the three regional prices.

Steel transaction prices are also available for USA, Canada, China, Japan, South Korea Taiwan, Germany, France, Italy, UK, Spain, Czech Rep, and Poland in MEPS International 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 License Terms and Conditions)