FAQs
These dates are subject to change.
January 2024
Express
15 Jan 24 | European Steel Review - Express
15 Jan 24 | European Steel Review Supplement - Express
19 Jan 24 | International Steel Review - Express
Monthly Steel Reviews
22 Jan 24 | European Steel Review
22 Jan 24 | European Steel Review Supplement
26 Jan 24 | International Steel Review
29 Jan 24 | Developing Markets Steel Review
30 Jan 24 | Stainless Steel Review
31 Jan 24 | Ferrous Scrap Review
31 Jan 24 | Semi-Finished Steel Review
February
Express
12 Feb 24 | European Steel Review - Express
12 Feb 24 | European Steel Review Supplement - Express
16 Feb 24 | International Steel Review - Express
Monthly Steel Reviews
19 Feb 24 | European Steel Review
19 Feb 24 | European Steel Review Supplement
23 Feb 24 | International Steel Review
27 Feb 24 | Developing Markets Steel Review
28 Feb 24 | Stainless Steel Review
29 Feb 24 | Ferrous Scrap Review
29 Feb 24 | Semi-Finished Steel Review
March
Express
12 Mar 24 | European Steel Review - Express
12 Mar 24 | European Steel Review Supplement - Express
18 Mar 24 | International Steel Review - Express
Monthly Steel Reviews
19 Mar 24 | European Steel Review
19 Mar 24 | European Steel Review Supplement
25 Mar 24 | International Steel Review
26 Mar 24 | Developing Markets Steel Review
27 Mar 24 | Stainless Steel Review
28 Mar 24 | Ferrous Scrap Review
28 Mar 24 | Semi-Finished Steel Review
April
Express
11 Apr 24 | European Steel Review - Express
11 Apr 24 | European Steel Review Supplement - Express
17 Apr 24 | International Steel Review - Express
Monthly Steel Reviews
18 Apr 24 | European Steel Review
18 Apr 24 | European Steel Review Supplement
24 Apr 24 | International Steel Review
26 Apr 24 | Developing Markets Steel Review
29 Apr 24 | Stainless Steel Review
30 Apr 24 | Ferrous Scrap Review
30 Apr 24 | Semi-Finished Steel Review
May
Express
13 May 24 | European Steel Review - Express
13 May 24 | European Steel Review Supplement - Express
17 May 24 | International Steel Review - Express
Monthly Steel Reviews
20 May 24 | European Steel Review
20 May 24 | European Steel Review Supplement
24 May 24 | International Steel Review
29 May 24 | Developing Markets Steel Review
30 May 24 | Stainless Steel Review
31 May 24 | Ferrous Scrap Review
31 May 24 | Semi-Finished Steel Review
June
Express
12 Jun 24 | European Steel Review - Express
12 Jun 24 | European Steel Review Supplement - Express
18 Jun 24 | International Steel Review - Express
Monthly Steel Reviews
19 Jun 24 | European Steel Review
19 Jun 24 | European Steel Review Supplement
25 Jun 24 | International Steel Review
26 Jun 24 | Developing Markets Steel Review
27 Jun 24 | Stainless Steel Review
28 Jun 24 | Ferrous Scrap Review
28 Jun 24 | Semi-Finished Steel Review
July
Express
10 Jul 24 | European Steel Review - Express
10 Jul 24 | European Steel Review Supplement - Express
16 Jul 24 | International Steel Review - Express
Monthly Steel Reviews
17 Jul 24 | European Steel Review
17 Jul 24 | European Steel Review Supplement
23 Jul 24 | International Steel Review
29 Jul 24 | Developing Markets Steel Review
30 Jul 24 | Stainless Steel Review
31 Jul 24 | Ferrous Scrap Review
31 Jul 24 | Semi-Finished Steel Review
August
Express
12 Aug 24 | European Steel Review - Express
12 Aug 24 | European Steel Review Supplement - Express
16 Aug 24 | International Steel Review - Express
Monthly Steel Reviews
19 Aug 24 | European Steel Review
19 Aug 24 | European Steel Review Supplement
23 Aug 24 | International Steel Review
28 Aug 24 | Developing Markets Steel Review
29 Aug 24 | Stainless Steel Review
30 Aug 24 | Ferrous Scrap Review
30 Aug 24 | Semi-Finished Steel Review
September
Express
11 Sep 24 | European Steel Review - Express
11 Sep 24 | European Steel Review Supplement - Express
17 Sep 24 | International Steel Review - Express
Monthly Steel Reviews
18 Sep 24 | European Steel Review
18 Sep 24 | European Steel Review Supplement
24 Sep 24 | International Steel Review
26 Sep 24 | Developing Markets Steel Review
27 Sep 24 | Stainless Steel Review
30 Sep 24 | Ferrous Scrap Review
30 Sep 24 | Semi-Finished Steel Review
October
Express
10 Oct 24 | European Steel Review - Express
10 Oct 24 | European Steel Review Supplement - Express
16 Oct 24 | International Steel Review - Express
Monthly Steel Reviews
17 Oct 24 | European Steel Review
17 Oct 24 | European Steel Review Supplement
23 Oct 24 | International Steel Review
29 Oct 24 | Developing Markets Steel Review
30 Oct 24 | Stainless Steel Review
31 Oct 24 | Ferrous Scrap Review
31 Oct 24 | Semi-Finished Steel Review
November
Express
12 Nov 24 | European Steel Review - Express
12 Nov 24 | European Steel Review Supplement - Express
18 Nov 24 | International Steel Review - Express
Monthly Steel Reviews
19 Nov 24 | European Steel Review
19 Nov 24 | European Steel Review Supplement
25 Nov 24 | International Steel Review
27 Nov 24 | Developing Markets Steel Review
28 Nov 24 | Stainless Steel Review
29 Nov 24 | Ferrous Scrap Review
29 Nov 24 | Semi-Finished Steel Review
December
Express
09 Dec 24 | European Steel Review - Express
09 Dec 24 | European Steel Review Supplement - Express
13 Dec 24 | International Steel Review - Express
Monthly Steel Reviews
16 Dec 24 | European Steel Review
16 Dec 24 | European Steel Review Supplement
20 Dec 24 | International Steel Review
20 Dec 24 | Developing Markets Steel Review
23 Dec 24 | Stainless Steel Review
23 Dec 24 | Ferrous Scrap Review
23 Dec 24 | Semi-Finished Steel Review
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Our publication service is not currently available via the MEPS Portal. The monthly reports are sent as PDFs via email direct to your inbox – you do not need a username or password. In the future we hope to allow customers to access their reports via the portal.
Research is conducted primarily by telephone and VoIP calls. Our strategy is based on the concept that dialogue with respondents is an important factor in obtaining accurate information. Through confidential discussions, our research staff are able to ascertain the price at which market participants have negotiated their recent business.
Dialogue also enables research staff to corroborate the information received and clarify any anomalies. Furthermore, it provides an opportunity to challenge any prices submitted, which show a significant variation from the figures provided by other respondents.
Other forms of communication are used, where appropriate. These include email and digital messaging. However, the main feature of the research programme is that dialogue is undertaken with steel buyers. This exchange of information, while retaining the confidentiality of contributors, is an essential part of our research policy.
Discussions with respondents are wide-ranging and include prices for concluded transactions, import offers, short-term price projections, availability of material, delivery lead times, inventory levels, order intake and purchasing activity. Demand across steel-consuming sectors, the price and availability of steelmaking raw materials, and other important topics are also discussed.
Since our inception, we have built a longstanding and wide-ranging contact base. Our research partners operate, primarily, at steel distributors, service centres and stockholders. We also speak with a range of senior executives at other companies involved in steel purchasing, including steel traders, processors, fabricators, original equipment manufacturers and end-users.
To obtain a rounded view of the market, we also regularly speak with steel producers. Data received from these conversations is, explicitly, not incorporated in our published price assessments. It is, however, used to corroborate the figures collected from steel buyers.
Due to our extensive research base, we are able to validate all price and market information. Furthermore, regular contact with respondents ensures that all price data received is consistent, from month to month.
Our published price assessments relate to regular business, between buyers and steel mills, for newly produced, prime, commercial quality material. Prices are negotiated during the current month, for forward delivery.
Transactions that involve abnormally large or small volumes, non-repeatable deals or sale of ex-stock material are omitted from consideration in the formulation of the published prices. Long-term contract prices are also excluded from our monthly assessments.
Our prices exclude all extra charges for processing, packaging, testing, and certification unless these services are provided to the buyer at no additional cost.
The majority of our price assessments refer to material sold ex-works, excluding local taxes. When delivery charges or local taxes are incorporated in a published figure, this is stated in the relevant specification.
A basis price is traditionally a figure that a steel buyer and seller will negotiate. Extras are subsequently applied to calculate a transaction or effective price. These extras would be for grade, dimension, coating, special tolerances, surface treatment, cutting to length etc.
Our carbon steel transaction prices typically include extras for the dimensions of the product (thickness/width or diameter) and coating, if applicable.
An index measures the relative change in a price. Our indices are calculated by comparing the current price with the base value in a specified starting month. This base value has an index number of 100.
To calculate an index, divide the current price by the starting price and multiply by 100.
No, our published prices for European carbon steel exclude energy and carbon surcharges.
Our carbon steel prices refer to commercial grade material. Energy surcharges are not widely applied in this market segment. This is in contrast to the alloy steel market, where producers are applying energy surcharges, along with their traditional surcharges for scrap and alloys.
The application of carbon surcharges by steel producers, to recover their costs of carbon emissions, is not currently a widespread practice in the European steel industry.
The traditional pricing mechanism in Europe involves the addition of a mill-published alloy surcharge to a negotiated base price to establish an effective price.
Due to current market conditions, an alternative pricing mechanism to the base plus alloy surcharge system is being used. Most transactions for regular business between stainless steel producers and buyers at distributors and stockists are being conducted using effective pricing, whereby an all-inclusive value is agreed.
Subtracting the current month’s published alloy surcharge from a negotiated effective price may result in very low or, in some cases, negative nominal (or theoretical) base values.
For more information, please see our Explainer
