MEPS - INDIAN STEEL PRICE INDEX
- WITH INDIVIDUAL PRODUCT FORECASTS
Index - January 2009 = 100
Based on domestic steel prices in India (Rs/tonne)
Copyright © 2014 by MEPS
view the latest pricing you are required to
to our on-line subscription service. Steel price tables are updated
each month with the latest reference prices/indexes (not forecasts) and
include a rolling two year historical series.
Note:- Indian domestic
prices relate to those agreed by steelmakers and service centres for
prime material in the specified products. The prices are for regular
business transactions between customers and their local steel mills,
negotiated during the current month for delivery in the future.
Delivery charges and local taxes are not included in the quoted
prices. Long term contract deals arranged in the domestic market, or
agreements for lots of imported steel, are specifically excluded
from our independent price evaluation.
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%.
Flat Products - Delhi.
Long Product Prices - Mumbai.
Hot-Rolled Wide Coil - 2-3mm thickness, width over 1.1 metres.
Hot-Rolled Plates - 15-40mm thickness, width over 2.0 metres.
Cold-Rolled Coils - 0.8mm thickness, width over 1.3 metres.
Hot Dipped Galvanised Coils - 0.63-0.8mm thickness, width over 1.1
metres, coating thickness 275 gm/m2.
Wire Rod (Mesh Quality) - 8-12mm diameter.
Medium Sections and Beams - 240mm x 240mm H Beam.
Reinforcing Bar (Deformed) - 16-20mm diameter.
Merchant Bar - 50 x 50mm x 6mm equal angle.
Indian steel price
forecasts are now
available in our monthly PDF report
Developing Markets' Steel Review.
price and market data is researched by MEPS staff and our local
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.
(INTERNATIONAL) LTD cannot be made liable for any loss resulting
from the use of this data however it may arise. (See
License Terms and Conditions).