Asia Steel Price

Asia steel prices are derived from an arithmetic average of the low transaction values identified in Japan, Taiwan, South Korea and China – 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.

Steel transaction prices are also available for China, Japan, Taiwan and South Korea in MEPS International Steel Review

Average Asia Carbon Steel Prices ($US/tonne)

MonthHR COILHR PLATEWIRE RODREBAR
Apr-19595616611572
Mar-19572603607567
Feb-19573619604558
Jan-19575616593558
Dec-18579618596571
Nov-18583631610588
Oct-18596640615587
Sep-18602651617581
Aug-18602642611581
Jul-18601644601572
Jun-18617649616579
May-18606632605568

India Steel Prices (Rs/tonne)

MonthHR COILHR PLATEWIRE RODREBAR
Apr-1941700422003790036900
Mar-1942500425003840037500
Feb-1941000415004010038200
Jan-1941000410003760036000
Dec-1843500450003830035900
Nov-1846800460003960037000
Oct-1847500475004020037800
Sep-1846500466704100040100
Aug-1844800450003740036500
Jul-1845000453003640035800
Jun-1847000456504070039100
May-1846000455004040040400

Note: Indian steel 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.

  • 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.

Steel transaction prices are also available for Brazil, Russia, India and China in MEPS Developing Markets Steel Review

Prices in the tables above are for reference only. No data may be reproduced in any manner whatsoever without written permission from MEPS International Ltd.

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