Nordic Steel Index
MEPS regional average steel indices for the Nordic area are derived from an arithmetic average of prices in Denmark, Sweden, Finland and Norway. Prices are collected in the appropriate local currency and converted into euros 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.
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
Denmark: Ex-works. Grade S235JR. Thickness 2-3mm, Width 1100-1549mm.
Sweden, Finland, Norway: Ex-works. Grade S355J2. Thickness 2-3mm, Width 1100-1549mm.
Hot Rolled Plate
Denmark: Ex-works. Grade S235JR. Thickness 15-40mm, Width 2000-2500mm.
Sweden, Finland, Norway: Ex-works. Grade S355J2. Thickness 15-40mm, Width 2000-2500mm.
Cold Rolled Coil
Denmark, Sweden, Finland, Norway: Ex-works. Grade DC01. Thickness 1.00-1.24mm, Width 1100-1549mm.
Hot Dipped Galvanised Coil
Denmark, Sweden, Finland, Norway: Ex-works. Grade DX51D+Z. Thickness 1.00-1.24mm, Width 1100-1299mm, Coating Z275.
Electro Zinc Coated Coil
Denmark, Sweden, Finland, Norway: Ex-works. Grade DC01+ZE. Thickness 1.00-1.24mm, Width 1100-1299mm, Coating 2.5μm.
Wire Rod (low carbon drawing quality)
Denmark, Sweden, Finland, Norway: Effective delivered. Grade C4D, SAE1006. Diameter 5.5mm.
Sections & Beams (I beam)
Denmark: Effective delivered. Grade S235JR, S275JR. Category 1, Designation IPE 180-220.
Sweden, Finland, Norway: Effective delivered. Grade S355J2. Category 1, Designation IPE 180-220.
Rebar
Denmark, Finland: Effective delivered. Grade B500B. Diameter 16-20mm.
Sweden: Effective delivered. Grade K500CT. Diameter 16-20mm.
Norway: Effective delivered. Grade B500NC. Diameter 16-20mm.
Merchant Bar (round bar)
Denmark: Effective delivered. Grade S235JR, S275JR. Diameter 16-50mm.
Sweden, Finland, Norway: Effective delivered. Grade S355J2. Diameter 16-50mm.