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EXCLUSIVE: WORLD STEEL PRODUCTION IN 2010 EXPECTED TO BE NEW RECORD FIGURE: 06.01.2010

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  World Composite Steel Price and Index US$/tonne

Month

US$/tonne

GLOBAL
COMPOSITE CARBON STEEL PRICE

GLOBAL
COMPOSITE CARBON STEEL INDEX
GLOBAL
COMPOSITE STAINLESS STEEL 304 PRICE
GLOBAL
COMPOSITE STAINLESS STEEL 304 INDEX

Click here for forecasts to March 2010

Jan-2010 653 161.9 2912 155.2
Dec 634 158.9 3053 162.7
Nov  627 157.1 3043 162.1
Oct 646 161.9 3076 163.9
Sep 642 160.9 2949 157.1
Aug 611 153.1 2793 148.9
Jul 585 146.6 2489 132.6
Jun 578 144.9 2348 125.1
May 562 140.9 2110 112.5
Apr 566 141.9 2091 111.4
Mar 582 145.9 2098 111.8
Feb 639 160.2 2291 122.1
Jan-2009 676 169.4 2499 133.2
Dec 676 169.4 2686 143.1
Nov 776 194.5 3214 171.3
Oct 920 230.6 3664 195.3
Sep 1041 260.9 3870 206.2
Aug 1154 289.2 4286 228.4
Jul 1160 290.7 4440 236.6
Jun 1117 279.9 4669 248.8
May 1044 261.7 4732 252.1
Apr-2008 970 243.1 4631 246.8

Source: MEPS Online Steel Prices

Note:- Composite carbon prices are a weighted average of the low transaction values for all carbon steel products in the flat & long categories, identified in three regions (EU, Asia, and North America), converted into US Dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons. These rates are utilised for our forecasts. Index is based on January 1997 = 100.

Composite stainless prices are a weighted average of the low transaction values for all grade 304 stainless steel products in the flat & long categories identified in three regions (EU, Asia, and North America), converted into US Dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons. Index is based on April 1997 = 100.

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Developing Markets' Average

US$/tonne

Current prices available here

  NOVEMBER 2009 DECEMBER 2009
HR Coil 601 610
HR Plate 603 609
CR Coil 709 717
HD Galv Coil 841 839
Wire Rod 595 607
Sections & Beams 735 745
Rebar 575 590
Merchant Bar 610 619

Note:- The Developing Markets' Average Prices are an arithmetic average of the transaction prices taken from the following countries: Russia, Ukraine, Turkey, India, UAE, S.Africa, Brazil and Mexico.

Source: MEPS Developing Markets' Steel Review

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World Carbon Steel Prices

Average Transaction Price ($US/Tonne)

Historic Pricing Levels - Flat and Long Products

Month Hot Rolled Coil Hot Rolled Plate Cold Rolled Coil Wire Rod (mesh) Structural Sections & Beams Rebar

Click here for current steel prices and forecasts

Oct-2009 592 655 692 551 699 539
Sep 590 641 680 547 706 539
Aug 544 622 636 527 697 522
Jul 513 604 598 515 682 508
Jun 495 604 579 508 701 500
May 474 605 556 490 692 500
Apr 487 638 576 500 678 485
Mar 505 643 594 526 714 481
Feb 556 719 637 574 753 539
Jan 2009 575 806 666 626 791 596
Dec 565 901 659 609 780 590
Nov-2008 716 1000 802 676 898 576
Source: MEPS Online Steel Prices

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Nordic Steel Prices

 €/tonne

Month FLAT PRODUCTS PRICE FLAT PRODUCTS INDEX LONG PRODUCTS PRICE

LONG PRODUCTS INDEX

More Nordic prices available here

Nov-2009 468 135.3 430 168.6
Oct 487 140.8 457 179.2
Sep 483 139.6 449 176.1
Aug 447 129.2 433 169.8
Jul 437 126.3 424 166.3
June 436 126.0 435 170.6
May 437 126.3 421 165.1
Apr 458 132.4 392 153.7
Mar 484 139.9 429 168.2
Feb 547 158.1 487 191.0
Jan -2009 575 166.2 525 205.9
Dec 647 187.0 607 238.0
Nov-2008 729 210.7 669 262.4
Source: MEPS European Steel Review Supplement

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STAINLESS STEEL PRICES

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