India Steel Index Forecasts

Our independently formulated Carbon Steel forecast indices bring you 12-month forecasts for the Carbon Steel market in India. Unlike our MEPS Steel Price Forecasts, these forecasts provide you with the relative change instead of the actual price.

With MEPS Steel Forecasts, you only pay for the steel products that you are interested in. We pride ourselves in delivering reliable steel price forecasts that are essential to both multinational corporations and local manufacturing businesses.

Find out more and get the latest steel price forecasts by selecting your preferred option below, or by selecting a product category and region at the top of this page. You receive 5 years historical data as standard with your subscription. All subscription rates are for a single-user licence. Multi-user licences are also available. To discuss company licence options, please contact us.

  • GBP 450 per steel product (single-user licence)
  • 12 month forecasts for individual steel products
  • Latest prices updated monthly
  • 5 years historical data included
  • Pay by credit card to receive instant access
  • Access your subscriptions via MEPS Portal, download available

Index based on prices in Indian rupees per tonne. January 2009 = 100

MonthHot Rolled CoilHot Rolled PlateCold Rolled CoilHot Dipped Galvanised CoilWire RodSections & BeamsRebarMerchant Bar
Jun-2019145.2123.6146.2163.5115.6115.2114.8125.1
Jul-2019132.5114.4136.0157.2108.0107.5104.3114.5
Aug-2019132.5111.4133.5154.094.9100.9100.6109.8
Sep-2019126.3107.7131.6152.898.5102.5102.6110.1
Oct-2019123.6105.3124.7146.997.5100.3102.3109.8
Nov-2019123.6104.5127.5147.9100.8100.9108.4113.2
Dec-2019
Jan-2020
Feb-2020
Mar-2020
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Feb-2021
Mar-2021
Apr-2021

India Steel Index 

MEPS steel indices for India are calculated by comparing the current price with the corresponding value in January 2009. This base value has an index number of 100.