Asia Steel Index
MEPS regional average steel indices for Asia are derived from an arithmetic average of prices in China, Japan, South Korea and Taiwan. Prices are collected in the appropriate local currency and converted into US dollars to provide a basis for comparison. Indices are calculated by comparing the current price with the corresponding value in January 1997. This base value has an index number of 100.
The data relates to regular business, between buyers and steel mills, for newly produced, prime, commercial quality material, negotiated during the current month, for forward delivery.
Hot Rolled Coil
China: Ex-works. Grade Q235, Q235B, SS400, SPHC. Thickness 2.75-3.00mm, Width 1200-1500mm.
Japan, South Korea, Taiwan: Delivered. Grade SS400, SPHC. Thickness 2.0-3.2mm, Width 1200-1500mm.
Hot Rolled Plate
China: Ex-works. Grade Q235, Q235B, SS400. Thickness 16-20mm, Width 2000-2500mm.
Japan, South Korea, Taiwan: Delivered. Grade SS400. Thickness 16-40mm, Width 2000-2500mm.
Cold Rolled Coil
China: Ex-works. Grade SPCC, DC01, ST12. Thickness 1mm, Width 1000-1250mm.
Japan, South Korea, Taiwan: Delivered. Grade SPCC. Thickness 1.00-1.25mm, Width 1000-1500mm.
Hot Dipped Galvanised Coil
Japan, South Korea, Taiwan: Delivered. Grade SGCC. Thickness 1.00-1.25mm, Width 1000-1250mm, Coating 275g/m2.
China excluded from MEPS Asia Hot Dipped Galvanised Coil figure.
Electro Zinc Coated Coil
Japan, South Korea, Taiwan: Delivered. Grade SECC. Thickness 1.00-1.25mm, Width 1000-1250mm, Coating 20g/m2.
China excluded from MEPS Asia Electro Zinc Coated Coil figure.
Wire Rod (low carbon mesh quality)
China: Ex-works. Grade HPB300. Diameter 6.5-8.0mm.
Japan, South Korea, Taiwan: Delivered. Grade SAE1008. Diameter 6.5-8.0mm.
Sections & Beams
China: Ex-works. Grade Q235, Q235B. Dimensions 300-400mm.
Japan, South Korea, Taiwan: Delivered. Grade SS400. Dimensions 200-250mm.
Rebar
China: Ex-works. Grade HRB400. Diameter 16-25mm.
Japan: Delivered. Grade SD295. Diameter 16-25mm.
South Korea: Delivered. Grade SD400. Diameter 16-25mm.
Taiwan: Delivered. Grade SD295, B500B, HRB400. Diameter 16-25mm.
Merchant Bar (equal angle)
China: Ex-works. Grade Q235, Q235B. Dimensions 50x50x5mm.
Japan, South Korea, Taiwan: Delivered. Grade SS400. Dimensions 50x50x5mm, 50x50x6mm.