Asia Stainless Steel Index
MEPS regional average stainless 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 April 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 304/304L
China: Ex-works. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Japan, South Korea, Taiwan: Delivered. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Hot Rolled Coil 316/316L
China: Ex-works. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Japan, South Korea, Taiwan: Delivered. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Hot Rolled Plate 304/304L
China: Ex-works. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Japan, South Korea: Delivered. Thickness 13-50mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Taiwan: Delivered. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Hot Rolled Plate 316/316L
China: Ex-works. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Japan, South Korea: Delivered. Thickness 13-50mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Taiwan: Delivered. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Cold Rolled Coil 304/304L
China: Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Japan, South Korea, Taiwan: Delivered. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Cold Rolled Coil 316/316L
China: Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Japan, South Korea, Taiwan: Delivered. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Cold Rolled Coil 430
China: Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Japan, South Korea, Taiwan: Delivered. Thickness 2mm, Width 1000-1500mm, Finish BA.
Bright Drawn Bar 304
China: Ex-works. Diameter 20-25mm, Length 3000-6000mm.
South Korea, Taiwan: Delivered. Diameter 20-25mm, Length 3000-6000mm.
Japan excluded from MEPS Asia Bright Drawn Bar 304 figure.
Bright Drawn Bar 316
China: Ex-works. Diameter 20-25mm, Length 3000-6000mm.
South Korea, Taiwan: Delivered. Diameter 20-25mm, Length 3000-6000mm.
Japan excluded from MEPS Asia Bright Drawn Bar 316 figure.