World Stainless Steel Index
MEPS World average stainless steel indices are derived from an arithmetic average of prices in Europe, the US and Asia. 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 April 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. The figures are inclusive of alloy surcharges, where applicable.
Hot Rolled Coil 304/304L & 316/316L
Europe
Ex-works. Thickness 3-8mm, Width 1000-1500mm, Finish 1D.
US
Ex-works. Thickness 0.1250-0.3125in, Width 48-60in, Finish No.1
Asia
China: Ex-works. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Japan, South Korea, Taiwan: Delivered. Thickness 3-8mm, Width 1000-1500mm, Finish No.1
Hot Rolled Plate 304/304L & 316/316L
Europe
Ex-works. Thickness 13-50mm, Width 1500-2500mm, Length 2000-6000mm, Finish 1D.
US
Ex-works. Thickness 0.5-2.0in, Width 60-96in, Length 96-240in, Finish No.1
Asia
China: Ex-works. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Japan, South Korea: Delivered. Thickness 13-50mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Taiwan: Delivered. Thickness 13-25mm, Width 1500-2500mm, Length 2000-6000mm, Finish No.1
Cold Rolled Coil 304/304L & 316/316L
Europe
Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
US
Ex-works. Thickness 0.0781in (5/64in) 14 gauge, Width 48-60in, Finish 2B.
Asia
China: Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Japan, South Korea, Taiwan: Delivered. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Cold Rolled Coil 430
Europe
Ex-works. Thickness 2mm, Width 1000-1500mm, Finish BA.
US
Ex-works. Thickness 0.0781in (5/64in) 14 gauge, Width 48-60in, Finish BA.
Asia
China: Ex-works. Thickness 2mm, Width 1000-1500mm, Finish 2B.
Japan, South Korea, Taiwan: Delivered. Thickness 2mm, Width 1000-1500mm, Finish BA.
Bright Drawn Bar 304 & 316
Europe
Ex-works. Diameter 20-25mm, Length 3000-6000mm.
US
Ex-works. Diameter 0.75-1.00in, Length 96-240in.
Asia
China: Ex-works. Diameter 20-25mm, Length 3000-6000mm.
South Korea, Taiwan: Delivered. Diameter 20-25mm, Length 3000-6000mm.
