Flat Products Composite Index
MEPS regional average flat products composite indices are derived from a weighted average of prices for hot rolled coil, hot rolled plate, cold rolled coil, hot dipped galvanised coil and electro zinc coated coil. The weighting is based on the consumption of individual flat products in a specified region. 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.
Long Products Composite Index
MEPS regional average long products composite indices are computed from a weighted average of prices for wire rod, sections & beams, rebar and merchant bar. The weighting is based on the consumption of individual long products in a specified region. 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.
World
MEPS World average steel indices are derived from an arithmetic average of prices in Europe, North America and Asia.
Europe
MEPS regional average steel indices for Europe are derived from a weighted average of prices in Germany, France, Italy, Spain and the UK. The weighting is based on steel consumption in the individual countries.
North America
MEPS regional average steel indices for North America are derived from a weighted average of prices in USA and Canada. The weighting is based on steel consumption in the individual countries.
Asia
MEPS regional average steel indices for Asia are derived from an arithmetic average of prices in China, Japan, South Korea and Taiwan.
All 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
Europe
Ex-works. Grade S235JR, S275JR. Thickness 2-3mm, Width 1100-1549mm.
North America
Ex-works. Grade A1011 CS. Thickness 0.071-0.082in, Width 42-47in.
Asia
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
Europe
Ex-works. Grade S235JR, S275JR. Thickness 15-40mm, Width 2000-2500mm.
North America
Ex-works. Grade A36, 44W. Thickness 0.375-2.000in, Width 72-96in.
Asia
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
Europe
Ex-works. Grade DC01. Thickness 1.00-1.24mm, Width 1100-1549mm.
North America
Ex-works. Grade A1008 CS. Thickness 0.028-0.097in, Width 48-72in.
Asia
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
Europe
Ex-works. Grade DX51D+Z. Thickness 1.00-1.24mm, Width 1100-1299mm, Coating Z275.
North America
Ex-works. Grade A653 CS. Thickness 0.044-0.059in, Width 48-60in, Coating G90, Z275.
Asia
Delivered. Grade SGCC. Thickness 1.00-1.25mm, Width 1000-1250mm, standard coating.
Electro Zinc Coated Coil
Europe
Ex-works. Grade DC01+ZE. Thickness 1.00-1.24mm, Width 1100-1299mm, Coating 2.5μm.
North America
Ex-works. Grade ASTM A879 CS. Thickness 0.044-0.059in, Width 48-60in, Coating 50G/50G.
Asia
Delivered. Grade SECC. Thickness 1.00-1.25mm, Width 1000-1250mm, standard coating.
Wire Rod (low carbon mesh quality)
Europe
Delivered. Grade SAE1008. Diameter 6-12mm.
North America
Ex-works. Grade SAE1008. Diameter 0.25-0.50in.
Asia
China: Ex-works. Grade HPB300. Diameter 6.5-8.0mm.
Japan, South Korea, Taiwan: Delivered. Grade SAE1008. Diameter 6.5-8.0mm.
Sections & Beams (H beam)
Europe
Delivered. Grade S235JR, S275JR. Category 3, Designation HEB 240, UC 254.
North America
Ex-works. Grade A36, A992, A572 50, 44W. Wide flange beam - W10x10, W250x250.
Asia
China: Ex-works. Grade Q235, Q235B. Dimensions 300x300, 400x400.
Japan, South Korea, Taiwan: Delivered. Grade SS400. Dimensions 200x200, 250x250.
Rebar
Europe
Delivered. Grade B500B, B500C, B450C, B500SD. Diameter 16-20mm.
North America
Ex-works. Grade A615 60, 400R, 400W. Diameter #5 0.625in, 15M (15mm).
Asia
China: Ex-works. Grade HRB400. Diameter 16-25mm.
Japan, South Korea, Taiwan: Delivered. Grade SD295, SD400, B500B, HRB400. Diameter 16-25mm.
Merchant Bar (equal angle)
Europe
Delivered. Grade S235JR, S275JR. Dimensions 50x50x5mm, 50x50x6mm.
North America
Ex-works. Grade A36, 44W. Dimensions 2x2x0.25in, 50.8x50.8x6.35mm.
Asia
China: Ex-works. Grade Q235, Q235B. Dimensions 50x50x5mm.
Japan, South Korea, Taiwan: Delivered. Grade SS400. Dimensions 50x50x5mm, 50x50x6mm.
