The steel buyers and stockiest in MEA are in cautious mode as the aftermath of 2008 crash remains vivid in their mind. This is coupled with low activity in projects

As a result, despite surge in import offers, the domestic prices in MEA have not kept the pace and the increases are not commensurate with the surge in global levels.

The Middle East Long Product Price Index MLPPI surged by 66 points last week whereas the Middle East Flat Products Index MFPPI also went up by 40 points. The overall price index Middle East MEASPI inclined by 58 points.

MLPPI - Middle East Long Product Price Index
MFPPI - Middle East Flat Product Price Index
MEASPI - Middle East Steel Price Index

Long products

PI - Product Index

Flat products

PI - Product Index

W Section
A36/S275JR

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Angles
A36/S275JR

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Channels
A36/S275JR

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Rebars
BS4449 Grade 460B

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Wire Rod
SAE 1008

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Plates 3x12
S275 JR

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

HRC

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

HDG
0.7

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

CR

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

IPE
14-16-18

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

Structural

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

HEA

Change is on Jan 20th as compared to Jan 13th 2010
Change is per tonne

www.steelprices-middleeast.com is a comprehensive service for tracking real time domestic steel prices and trends in Middle East.

The scope of service includes
1. Domestic pricing information in UAE, Saudi Arab, Qatar, Kuwait and Bahrain
2. Export levels from Turkey, Rotterdam, China, India and Black Sea

The service is specifically designed to assist steel makers, traders, users and others connected with the industry to keep track of real time prices prevailing in the market and thus comprehensively evaluate steel pricing trends in the trend setting region

Methodology and access
1. Benchmark products in each category with fixed commonly used sizes and grades
2. Average transaction levels which have settled well, based on continuous interactions with domestic mills, service centers, stockiest, traders and buyers
4. On fixed market oriented payment terms
5. Daily updates
6. Data available since July 2008
5. Access through web site

Products covered
1. Long Products
2. Flat Products
3. FOB levels for export FOB Black Sea, China, Turkey and India

Other features

The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.

In addition, you can monitor currency exchange rates, metal prices, BDI for the day as well as access their archives for past data.

Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.

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How to subscribe
How to subscribe
1. Register at www.steelprices-middleeast.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-middleeast.com

(Sourced from www.steelprices-middleeast.com)