FAQs
These dates are subject to change.
January
Express
17 Jan 23 | European Steel Review - Express
17 Jan 23 | European Steel Review Supplement - Express
20 Jan 23 | International Steel Review - Express
Monthly Steel Reviews
23 Jan 23 | European Steel Review
23 Jan 23 | European Steel Review Supplement
27 Jan 23 | International Steel Review
30 Jan 23 | Developing Markets Steel Review
31 Jan 23 | Stainless Steel Review
31 Jan 23 | Ferrous Scrap Review
31 Jan 23 | Semi-Finished Steel Review
February
Express
09 Feb 23 | European Steel Review - Express
09 Feb 23 | European Steel Review Supplement - Express
15 Feb 23 | International Steel Review - Express
Monthly Steel Reviews
16 Feb 23 | European Steel Review
16 Feb 23 | European Steel Review Supplement
22 Feb 23 | International Steel Review
24 Feb 23 | Developing Markets Steel Review
27 Feb 23 | Stainless Steel Review
28 Feb 23 | Ferrous Scrap Review
28 Feb 23 | Semi-Finished Steel Review
March
Express
14 Mar 23 | European Steel Review - Express
14 Mar 23 | European Steel Review Supplement - Express
20 Mar 23 | International Steel Review - Express
Monthly Steel Reviews
21 Mar 23 | European Steel Review
21 Mar 23 | European Steel Review Supplement
27 Mar 23 | International Steel Review
29 Mar 23 | Developing Markets Steel Review
30 Mar 23 | Stainless Steel Review
31 Mar 23 | Ferrous Scrap Review
31 Mar 23 | Semi-Finished Steel Review
April
Express
13 Apr 23 | European Steel Review - Express
13 Apr 23 | European Steel Review Supplement - Express
19 Apr 23 | International Steel Review - Express
Monthly Steel Reviews
20 Apr 23 | European Steel Review
20 Apr 23 | European Steel Review Supplement
26 Apr 23 | International Steel Review
26 Apr 23 | Developing Markets Steel Review
28 Apr 23 | Stainless Steel Review
28 Apr 23 | Ferrous Scrap Review
28 Apr 23 | Semi-Finished Steel Review
May
Express
15 May 23 | European Steel Review - Express
15 May 23 | European Steel Review Supplement - Express
18 May 23 | International Steel Review - Express
Monthly Steel Reviews
19 May 23 | European Steel Review
19 May 23 | European Steel Review Supplement
25 May 23 | International Steel Review
26 May 23 | Developing Markets Steel Review
31 May 23 | Stainless Steel Review
31 May 23 | Ferrous Scrap Review
31 May 23 | Semi-Finished Steel Review
June
Express
13 Jun 23 | European Steel Review - Express
13 Jun 23 | European Steel Review Supplement - Express
19 Jun 23 | International Steel Review - Express
Monthly Steel Reviews
20 Jun 23 | European Steel Review
20 Jun 23 | European Steel Review Supplement
26 Jun 23 | International Steel Review
28 Jun 23 | Developing Markets Steel Review
29 Jun 23 | Stainless Steel Review
30 Jun 23 | Ferrous Scrap Review
30 Jun 23 | Semi-Finished Steel Review
July
Express
12 Jul 23 | European Steel Review - Express
12 Jul 23 | European Steel Review Supplement - Express
18 Jul 23 | International Steel Review - Express
Monthly Steel Reviews
19 Jul 23 | European Steel Review
19 Jul 23 | European Steel Review Supplement
25 Jul 23 | International Steel Review
27 Jul 23 | Developing Markets Steel Review
28 Jul 23 | Stainless Steel Review
31 Jul 23 | Ferrous Scrap Review
31 Jul 23 | Semi-Finished Steel Review
August
Express
14 Aug 23 | European Steel Review - Express
14 Aug 23 | European Steel Review Supplement - Express
18 Aug 23 | International Steel Review - Express
Monthly Steel Reviews
21 Aug 23 | European Steel Review
21 Aug 23 | European Steel Review Supplement
25 Aug 23 | International Steel Review
29 Aug 23 | Developing Markets Steel Review
30 Aug 23 | Stainless Steel Review
31 Aug 23 | Ferrous Scrap Review
31 Aug 23 | Semi-Finished Steel Review
September
Express
13 Sep 23 | European Steel Review - Express
13 Sep 23 | European Steel Review Supplement - Express
19 Sep 23 | International Steel Review - Express
Monthly Steel Reviews
20 Sep 23 | European Steel Review
20 Sep 23 | European Steel Review Supplement
26 Sep 23 | International Steel Review
27 Sep 23 | Developing Markets Steel Review
29 Sep 23 | Stainless Steel Review
29 Sep 23 | Ferrous Scrap Review
29 Sep 23 | Semi-Finished Steel Review
October
Express
12 Oct 23 | European Steel Review - Express
12 Oct 23 | European Steel Review Supplement - Express
18 Oct 23 | International Steel Review - Express
Monthly Steel Reviews
19 Oct 23 | European Steel Review
19 Oct 23 | European Steel Review Supplement
25 Oct 23 | International Steel Review
27 Oct 23 | Developing Markets Steel Review
30 Oct 23 | Stainless Steel Review
31 Oct 23 | Ferrous Scrap Review
31 Oct 23 | Semi-Finished Steel Review
November
Express
13 Nov 23 | European Steel Review - Express
13 Nov 23 | European Steel Review Supplement - Express
17 Nov 23 | International Steel Review - Express
Monthly Steel Reviews
20 Nov 23 | European Steel Review
20 Nov 23 | European Steel Review Supplement
24 Nov 23 | International Steel Review
28 Nov 23 | Developing Markets Steel Review
29 Nov 23 | Stainless Steel Review
30 Nov 23 | Ferrous Scrap Review
30 Nov 23 | Semi-Finished Steel Review
December
Express
08 Dec 23 | European Steel Review - Express
08 Dec 23 | European Steel Review Supplement - Express
12 Dec 23 | International Steel Review - Express
Monthly Steel Reviews
14 Dec 23 | European Steel Review
14 Dec 23 | European Steel Review Supplement
19 Dec 23 | International Steel Review
20 Dec 23 | Developing Markets Steel Review
21 Dec 23 | Stainless Steel Review
22 Dec 23 | Ferrous Scrap Review
22 Dec 23 | 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