Flat & Long Products Composite Index Forecasts
Our independently formulated Carbon Steel forecast indices bring you 12-month forecasts for the Carbon Steel market in World. Unlike our MEPS Steel Price Forecasts, these forecasts provide you with the relative change instead of the actual price.
With MEPS Steel Forecasts, you only pay for the steel products that you are interested in. We pride ourselves in delivering reliable steel price forecasts that are essential to both multinational corporations and local manufacturing businesses.
Find out more and get the latest steel price forecasts by selecting your preferred option below, or by selecting a product category and region at the top of this page. You receive 5 years historical data as standard with your subscription. All subscription rates are for a single-user licence. Multi-user licences are also available. To discuss company licence options, please contact us.
- GBP 450 per steel product (single-user licence)
- 12 month forecasts for individual steel products
- Latest prices updated monthly
- 5 years historical data included
- Pay by credit card to receive instant access
- Access your subscriptions via MEPS Portal, download available
Index based on prices in US dollars per tonne. January 1997 = 100
| Month | World Flat Products | Europe Flat Products | North America Flat Products | Asia Flat Products | World Long Products | Europe Long Products | North America Long Products | Asia Long Products |
|---|---|---|---|---|---|---|---|---|
| Nov-2022 | 188.9 | 185.7 | 201.8 | 177.1 | 276.5 | 267.9 | 355.8 | 200.6 |
| Dec-2022 | 190.3 | 187.8 | 194.5 | 187.7 | 274.4 | 265.4 | 340.7 | 212.7 |
| Jan-2023 | 204.5 | 204.0 | 211.5 | 197.1 | 275.3 | 265.7 | 338.5 | 217.3 |
| Feb-2023 | 220.1 | 226.0 | 227.3 | 205.5 | 277.7 | 267.3 | 334.8 | 226.7 |
| Mar-2023 | 242.9 | 234.2 | 285.8 | 201.2 | 277.4 | 260.3 | 346.7 | 219.7 |
| Apr-2023 | 253.7 | 246.4 | 303.9 | 202.4 | 280.1 | 265.7 | 349.6 | 220.0 |
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| More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | |
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Flat Products Composite Index
MEPS regional average flat products composite indices are derived from a weighted average of prices for hot rolled coil (HRC), hot rolled plate (HRP), cold rolled coil (CRC), hot dipped galvanised coil (HDG) and electro zinc coated coil (EZ). 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.
