World Steel Index Forecasts
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Our independently formulated Carbon Steel forecast indices bring you 12-month forecasts for the combined worldwide Carbon Steel market. Unlike our MEPS Steel Price Forecasts, these forecasts provide you with the relative change instead of the actual price.
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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 of 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 1997 = 100
World Steel Index Forecasts in Tonnes (T)
| Month | Hot Rolled Coil | Hot Rolled Plate | Cold Rolled Coil | Hot Dipped Galvanised Coil | Electro Zinc Coated Coil | Wire Rod | Sections & Beams | Rebar | Merchant Bar |
|---|---|---|---|---|---|---|---|---|---|
| Dec-2023 | |||||||||
| Jan-2024 | 249.0 | 267.0 | 209.0 | 193.0 | 201.0 | 246.0 | 237.0 | 243.0 | 275.0 |
| Feb-2024 | 236.0 | 259.0 | 204.0 | 187.0 | 195.0 | 242.0 | 235.0 | 238.0 | 271.0 |
| Mar-2024 | 215.0 | 250.0 | 192.0 | 178.0 | 186.0 | 238.0 | 233.0 | 232.0 | 269.0 |
| Apr-2024 | 213.0 | 243.0 | 191.0 | 176.0 | 186.0 | 231.0 | 224.0 | 227.0 | 259.0 |
| May-2024 | 203.0 | 232.0 | 183.0 | 170.0 | 180.0 | 227.0 | 222.0 | 224.0 | 258.0 |
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| More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | More InfoBuy | |
| Aug-2025 | |||||||||
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| Oct-2025 |
World Steel Index
MEPS World average steel indices are derived from an arithmetic average of prices in Europe, North America 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 January 1997. This base value has an index number of 100.
