Machinery Sector Steel Purchasing Price Index Forecasts

Our independently formulated Industrial Sectors forecast indices bring you 12-month forecasts for the Industrial Sectors 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 2007 = 100

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Industrial Sector Steel Purchasing Price Index  

MEPS regional average indices are derived from a weighted average of prices for various steel products consumed in a specified industrial sector. Indices are calculated by comparing the current price with the corresponding value in January 2007. This base value has an index number of 100.

Machinery Sector (general engineering) - this is a general sector which was created by taking an average of the procurement of steel for the manufacture of industrial machinery for mining, automotive, machine tools and metal forming sectors.