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-18618643611579
Mar-18619637605579
Feb-18606619590578
Jan-18595610574577
Dec-17584597584581
Nov-17565582557543
Oct-17569581555539
Sep-17571582552543
Aug-17538550510511
Jul-17503527489482
Jun-17507528492481
May-17503523504473

India Steel Prices (Rs/tonne)

MonthHR COILHR PLATEWIRE RODREBAR
Apr-1845600445003890038800
Mar-1844800445003820038200
Feb-1843500430003710038400
Jan-1841500420003800037000
Dec-1739500375003240032900
Nov-1739000370003060029900
Oct-1738500370003000029200
Sep-1738500380003160030500
Aug-1737500370003050030600
Jul-1734000340002900029600
Jun-1732000322002890029900
May-1733350326002830030800

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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