STEEL PRICE OBSERVATORY / FIRST QUARTER 2021

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).