India Steel Index Forecasts

At MEPS, our India Carbon Steel Index Forecasts are more than just data tables. Our expertly researched and dependable 12-month index forecasts for a range of carbon steel products are designed to help businesses like yours plan for the future and gain a competitive edge. 

With MEPS India Carbon Steel Index Forecasts, you only pay for the steel products that you are interested in, so you can be sure that you're getting the most relevant information for your business. Find out more about which steel product data is included with your subscription by viewing the pricing table below. Our Carbon Steel Index Forecasts offer the option to view forecast index prices per tonne (t), short tonne, pound (lb) or kilogram (kg), just select your preferred option from the drop-down to update the product table. 

Our dedicated team of steel index analysts draws on years of industry experience and research to formulate our forecasts. We take into account a range of factors, including global economic trends, supply and demand dynamics, and geopolitical events to provide the most accurate and reliable forecasts possible. Our team also continuously monitors the market via our extensive contact network to ensure our forecasts are based on the latest data. 

By using MEPS India Carbon Steel Index Forecasts, you can make informed decisions about your business's future, including purchasing decisions, investment strategies, and production planning. Our forecasts help you anticipate market trends and stay ahead of the competition. 

We offer 5 years of historical data as standard with your subscription, giving you even more insights into past market trends and helping you to make better-informed decisions for the future. All subscription rates are for a single-user licence, however, multi-user licences are also available. If you require further information, please contact us. We also supply extensively researched steel index forecasts for a wide range of other markets, so be sure to check out our steel index forecasts for other products and markets. 

  • 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 Indian rupees per tonne. January 2009 = 100

MonthHot Rolled CoilHot Rolled PlateCold Rolled CoilHot Dipped Galvanised CoilWire RodSections & BeamsRebarMerchant Bar
Dec-2022190.4170.9197.3219.1157.6166.1178.9184.6
Jan-2023199.3178.5203.9230.2169.1178.6192.4188.1
Feb-2023206.4184.6208.9244.5165.8177.0189.1188.1
Mar-2023211.7187.7213.8249.3164.2173.9187.4188.1
Apr-2023213.5190.7213.8250.8167.5175.5184.0188.1
May-2023206.4190.7205.6239.7160.9161.5178.9167.6
Jun-2023
Jul-2023
Aug-2023
Sep-2023
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Aug-2024
Sep-2024
Oct-2024

India Steel Index 

MEPS steel indices for India are calculated by comparing the current price with the corresponding value in January 2009. This base value has an index number of 100.