World Steel Price Forecasts
The MEPS verification checkmark indicates that this steel price data has been carefully verified by our independent steel analysts.
We've spent decades building strong relationships with many of the biggest steel buying companies to ensure accuracy and reliability so that your business can make informed decisions based on steel data you can trust.
At MEPS, our World Carbon Steel Forecasts are more than just data tables. Our expertly researched and dependable 12-month forecasts for a range of steel products are designed to help businesses like yours plan for the future and gain a competitive edge. With MEPS World Steel Forecasts, you only pay for the steel products that you are interested in, so you can be sure that you are getting the most relevant information for your business. Find out more about which steel product data is included with your subscription by viewing the pricing table below. Our steel price forecasts offer the option to view forecast prices per tonne (t), short ton, pound (lb) or kilogram (kg), just select your preferred option from the drop-down to update the product table.Our dedicated team of steel price analysts draws on years of industry experience and research to formulate our market forecasts. We take into account a range of factors, including global economic trends, supply and demand dynamics, and geopolitical events to provide the most accurate and reliable forecasts possible. Our team also continuously monitors the market via our extensive contact network to ensure our forecasts are based on the latest data. Read more
By using MEPS World steel forecast data, you can make informed decisions about your business's future, including purchasing decisions, investment strategies, and production planning. Our forecasts help you anticipate market trends and stay ahead of the competition. We offer 5 years of historical data as standard with your subscription, giving you even more insights into past market trends and helping you to make better-informed decisions for the future. All subscription rates are for a single-user licence. Multi-user licences are also available. If you require further information, please contact us. We also supply extensively researched steel forecasts for a wide range of other markets, so be sure to check out our steel forecasts for other products and markets.
Read less - 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
US dollars per tonne
World Steel Price 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 | 876 | 1049 | 994 | 1119 | 1184 | 761 | 1015 | 740 | 920 |
| Feb-2024 | 830 | 1018 | 967 | 1087 | 1150 | 751 | 1007 | 726 | 907 |
| Mar-2024 | 755 | 981 | 912 | 1033 | 1100 | 739 | 998 | 707 | 900 |
| Apr-2024 | 750 | 953 | 908 | 1022 | 1098 | 717 | 960 | 693 | 869 |
| May-2024 | 715 | 913 | 871 | 986 | 1059 | 703 | 953 | 684 | 865 |
| Jun-2024 | |||||||||
| Jul-2024 | |||||||||
| Aug-2024 | |||||||||
| Sep-2024 | |||||||||
| 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 Prices
MEPS World average steel prices are computed 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.
