During the month of May 2021, the upward trend in the SCRAP and the REBAR in the LME spot market has been maintained.

The average price of SCRAP in May was 14% higher than in April, with maximums reaching 525 US $ / MT, and it was 21% higher than the lowest average price registered in 2021, which was that of February month.

The lower graph shows the minimum, maximum and average prices in the period January – May 2021.

For its part, the average price of REBAR in May was 17% higher than the average price in April, with maximum prices reaching US $ 794 / MT in May, and it was 25% higher than the lowest average price registered. in 2021, which was in February.

The lower graph shows the minimum, maximum and average prices in the period January – May 2021.