REBAR (JANUARY – JULY / 2021)

In the period from January 1 to July 31, 2021, the REBAR price on the LME has exhibited a maximum price of US $ 794 / MT and a minimum price of US $ 563 / MT, with an average price of 674.75 US $ / MT. The average price in the mentioned period has increased by 14%. The lower graph shows the monthly evolution of the maximum, minimum and average prices (green line) and the trend obtained through a linear regression (brown broken line).

SCRAP (JANUARY – JULY / 2021)

In the period from January 1 to July 31, 2021, the SCRAP price on the LME has exhibited a maximum price of US $ 525 / MT and a minimum price of US $ 387.50 / MT, with a price average of US $ 466.54 / MT. The average price in the aforementioned period has increased by 7%. The lower graph shows the monthly evolution of the maximum, minimum and average prices (green line) and the trend obtained through a linear regression (brown broken line).

AUGEO has participated during the month of August 2021 in an audit process of several companies in the steel sector located in Hannover, Dusseldorf and Frankfurt. The process began with a general meeting of the participating companies in Berlin. This project has been carried out for a Spanish Business Group that wishes to consolidate and deepen its strategic and commercial agreements with the German steel companies that have been involved in the process.

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.

The AUGEO Group has designed a 5 hectare intensive farm structure in Slovakia. The multi-tunnel greenhouse structure will produce vegetables throughout the year, as it has heating systems.

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.

AUGEO has contracted with a Dubai company specialized in luxury residential construction for its implementation in the United States, using the AUGEO base of operations in Florida, but focusing development activity in the states of Florida, Washington DC, Arizona, Texas, California and Washington.

The prices of steel derivatives show a growth trend that will continue, at least in the medium and long term, due to the increase in industrial activity. This price growth is associated with the increase in world economic activity, especially in the geographical areas of North America, Europe, the Middle East and East Asia. This increase in economic activity is related to greater control of the COVID19 epidemic in these geographic areas, and an associated relaunch of business operations.

The image below shows the average prices of REBAR, which in May 2021 reached a price of 750 US $ / MT.

For its part, the SCRAP, shown below, has reached prices in the LME Spot market of 525 US $ / MT.

AUGEO has contracted with a Spanish company that produces fresh fruits and vegetables the definition and implementation of its commercial growth program in the European Union. This company, which already exports to several European countries, wants to increase its sales in international markets, especially in those where it is not yet present, and in this way improve its global sales and disperse commercial risk, increasing the number of its Customers.

PRICE EVOLUTION – REBAR

Although with a decrease in the average price in February, REBAR prices follow a slightly upward trend. The maximum price in these first four months of 2021 on the LME was 640.83 US $ / MT, the minimum price was 563 US $ / MT and the average price was 645.88 US $ / MT. The lower image shows the maximum, minimum and average price positions, as well as the trend in the period considered (broken green line).

PRICE EVOLUTION – SCRAP

The price of the SCRAP has shown the same decrease of the average price in the month of February, although in this period the prices of the SCRAP have shown a slightly downward trend. The maximum price in these first four months of 2021 on the LME was 488 US $ / MT, the minimum price was 387.50 US $ / MT and the average price was 440.87 US $ / MT. The lower image shows the maximum, minimum and average price positions, as well as the trend in the period considered (broken green line).

AUGEO has closed a Commercial Representation Agreement with a company specialized in singular construction projects in natural stone for the markets of Algeria, Tunisia and Saudi Arabia. The company has one of its lines of specialization in Islamic Art, and has extensive experience of design, construction and installation in more than 20 countries around the world, being located its headquarters in Spain, and having a subsidiary company in the United States from America.