LME REBAR PRICES

The average monthly price of REBAR on the LME has grown by 9% in the period from January 1 to August 31, 2021. However, the average price for the month of August with regard to the average price for July is 5 % lower. This is probably an effect of ordinary conditions in August in normal years. Even so, the annual trend shows clear average monthly growth.

The figure below illustrates the monthly average, maximum and minimum prices of REBAR in the LME in the period from January 1 to August 31, 2021. The broken brown line shows the trend of the average prices of the period considered obtained. using a linear regression.

LME SCRAP PRICES

The average monthly price of the SCRAP in the LME has decreased by 1% in the period from January 1 to August 31, 2021. Likewise, the average price for the month of August with regrad to the average price for July is 7% lower. This is probably an effect of ordinary conditions in August in normal years. Even so, the annual trend shows clear average monthly growth.

The figure below illustrates the monthly average, maximum and minimum prices of the SCRAP in the LME in the period from January 1 to August 31, 2021. The broken brown line shows the trend of the average prices of the period considered obtained using a linear regression.