STEEL PRICE OBSERVATORY

REBAR – SEMESTER 1 (2021)

The price of REBAR steel on the LME spot market has shown a sustained growth trend in the first half of 2021, such that the average price for the month of June is 13.73% higher than the average price for the month from January.

During this semester, the REBAR reached a minimum price of 563 US $ per metric ton, and a maximum price of 794 US $ per metric ton.

The image below shows the evolution of REBAR steel prices on the LME, illustrating the monthly minimum price (red triangle), the monthly maximum price (blue square) and the monthly average price (green diamond). The dashed brown line shows the evolution of monthly average prices (obtained by linear regression), and the equations that define this linear regression are also illustrated in the upper right corner of the graph.

SCRAP – SEMESTER 1 (2021)

The price of SCRAP steel on the LME spot market has shown a growth trend in the first half of 2021. The average price for the month of June is 8.18% higher than the average price for the month of January.

During this semester, SCARP reached a minimum price of US $ 387.50 per metric ton, and a maximum price of US $ 525 per metric ton.

The image below shows the evolution of SCRAP steel prices on the LME, illustrating the monthly minimum price (red triangle), the monthly maximum price (blue square) and the monthly average price (green diamond). The dashed brown line shows the evolution of monthly average prices (obtained by linear regression), and the equations that define this linear regression are also illustrated in the upper right corner of the graph.