World Steel Prices

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


World Carbon Steel Prices - Average Transaction Price ($US/Tonne)

MonthHot Rolled CoilHot Rolled PlateCold Rolled CoilWire Rod (mesh)Structural Sections & BeamsRebar
Apr-18781814864680788642
Mar-18762783847659764633
Feb-18719737819656758632
Jan-18677688782633743616
Dec-17647659753611710598
Nov-17629653738600691576
Oct-17631661740599695581
Sep-17643676759596716579
Aug-17612654735551691530
Jul-17589640706532668509
Jun-17591645711527662498
May-17604654728533657497

Note: Prices are an arithmetic average of the low transaction values identified in three regions (EU, Asia, and North America), converted into US dollars.  These rates are utilised for our forecasts.

Steel transaction prices are also available for USA, Canada, China, Japan, South Korea Taiwan, Germany, France, Italy, UK, Spain, Czech Rep, and Poland in MEPS International Steel Review


Global Composite Steel Price and Index (US$/tonne)

MonthCARBON STEEL PRICECARBON STEEL INDEXSTAINLESS STEEL 304 PRICESTAINLESS STEEL 304 INDEX
Apr-18792198.52784148.4
Mar-18773193.72703144.0
Feb-187501882657141.7
Jan-18717179.12544135.6
Dec-17689172.72617139.4
Nov-17673168.72527134.7
Oct-17677169.72551135.9
Sep-17689172.12425129.2
Aug-17658164.92326124
Jul-17635159.12267120.8
Jun-17635159.12358125.7
May-17646161.92444130.3
Apr-17657164.72507133.6
Mar-17655164.22480132.1
Feb-17647162.22530134.8

Steel transaction prices are also available for USA, Canada, China, Japan, South Korea Taiwan, Germany, France, Italy, UK, Spain, Czech Rep, and Poland in MEPS International Steel Review


Steel is a major cost element for most engineering and construction enterprises around the world. Steel prices have become extremely volatile in all global markets. Consequently, input costs for many steel-consuming industries have fluctuated dramatically. To provide a greater understanding of the impact of this situation, MEPS International Ltd. has created a new series of monthly Steel Purchasing Price Indices for seven key industrial sectors which have steel as an important cost item. Forecast indices, for a period twelve months forward, have also been developed.

World Industrial Sector Steel Purchasing Price Index - Based on Steel Prices

MonthConstructionShipbuildingHousehold AppliancesMachinery
Apr-18122.5108.1104.2117.7
Mar-18119.9104.1101.8114.7
Feb-18119.198.498.6111
Jan-18115.692.195105.5
Dec-17111.788.291.5101.1
Nov-17108.587.390.199.3
Oct-17109.188.389.9100.2
Sep-17109.490.490.9102.6
Aug-17101.687.488.998.1
Jul-1798.085.586.495.1
Jun-1796.686.087.695.0
May-1796.887.190.095.8

To discover more about Industry Sector Price Tables follow the link to MEPS International Industry Sectors


World Raw Material Steel Price Index

Month Raw Material Weighted AverageSemi-Finished Weighted AverageScrapBillet
Apr-1867.888.781.983.9
Mar-1871.289.482.785.0
Feb-1872.1 87.480.783.2
Jan-1869.685.279.581.9

To calculate 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%.

For more Raw Material and Semi-Finished steel price data please see MEPS Ferrous Scrap Review & MEPS Semi-Finished Steel Review

Europe

North America

Asia

World Steel Prices - The Latest Steel Prices From Around The Globe

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The Latest Steel Prices From Around The World

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