North America Steel Index
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. 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.
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
USA, Canada: Ex-works. Grade A1011 CS. Thickness 0.071-0.082in, Width 42-47in.
Hot Rolled Plate
USA: Ex-works. Grade A36. Thickness 0.375-2.000in, Width 72-96in.
Canada: Ex-works. Grade 44W, A36. Thickness 0.375-2.000in, Width 72-96in.
Cold Rolled Coil
USA, Canada: Ex-works. Grade A1008 CS. Thickness 0.028-0.097in, Width 48-72in.
Hot Dipped Galvanised Coil
USA: Ex-works. Grade A653 CS. Thickness 0.044-0.059in, Width 48-60in, Coating G90.
Canada: Ex-works. Grade A653 CS. Thickness 0.044-0.059in, Width 48-60in, Coating Z275/G90.
Electro Zinc Coated Coil
USA: Ex-works. Grade ASTM A879 CS. Thickness 0.044-0.059in, Width 48-60in, Coating 50G/50G.
Canada excluded from MEPS North America Electro Zinc Coated Coil figure.
Wire Rod (low carbon mesh quality)
USA: Ex-works. Grade SAE1008. Diameter 0.25-0.50in.
Canada excluded from MEPS North America Wire Rod figure.
Sections & Beams
USA: Ex-works. Grade A36, A992, A572 50. Wide flange beam - W10.
Canada: Ex-works. Grade 44W, A36, A992, A572 50. Wide flange beam - W10 / W250.
Rebar
USA: Ex-works. Grade A615 60. Diameter #5 0.625in.
Canada: Ex-works. Grade 400R, 400W / A615 60. Diameter 15M (15mm) / #5 0.625in.
Merchant Bar (equal angle)
USA: Ex-works. Grade A36. Dimensions 2x2x0.25in.
Canada: Ex-works. Grade 44W, A36. Dimensions 2x2x0.25in / 50.8x50.8x6.35mm.