Asia Steel Prices

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
Feb-20540578549504
Jan-20557587558511
Dec-19543571558508
Nov-19538579572510
Oct-19551581570510
Sep-19559586570527
Aug-19569592575539
Jul-19580593580553
Jun-19577594583556
May-19590605603562
Apr-19595616611572
Mar-19572603607567

India Steel Prices (Rs/tonne)

MonthHR COILHR PLATEWIRE RODREBAR
Feb-2038800382503210034400
Jan-2038100377503290035000
Dec-1935100351003070032100
Nov-1934750342503070032100
Oct-1934750345002970030300
Sep-1935500353003000030400
Aug-1937250365002890029800
Jul-1937250375003290030900
Jun-1940800405003520034000
May-1941200410003680035000
Apr-1941700422003790036900
Mar-1942500425003840037500

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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