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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Source: MEPS Online Steel Prices