Why are Steel Rebar (Europe) Prices so high?
06-02-2026 - Over the past month, the price of Steel Rebar has seen a slight decrease, moving from $565.5/t to $560.0/t. This modest drop reflects minor fluctuations in market conditions for this crucial raw material. The forecast for Steel Rebar (LME) predicts a slight decline to $559.66/t, down by $0.34/t or -0.1% from the current price of $560.0/t. The overall price trend remains stable, with minimal risk of significant volatility in the market for this raw material.
The current forecast indicates a downward price impact of -$2.26/t, primarily influenced by Technical data, including Calendar Effects and Trend Following. While Flows and Supply data suggest upward pressure, Demand and Technical data point to a decline, resulting in mixed signals for raw material prices.
Recent data shows that steel rebar futures have dropped to a one-month low, with prices falling below CNY 3,080 per ton. This decline is largely due to Chinese steel mills reducing production in anticipation of the Lunar New Year holiday, as several blast furnaces and electric-arc furnaces have temporarily halted operations for planned maintenance. This reduction in production aligns with the forecasted downward trend in steel rebar prices.
The current forecast indicates a downward price impact of -$2.26/t, primarily influenced by Technical data, including Calendar Effects and Trend Following. While Flows and Supply data suggest upward pressure, Demand and Technical data point to a decline, resulting in mixed signals for raw material prices.
Recent data shows that steel rebar futures have dropped to a one-month low, with prices falling below CNY 3,080 per ton. This decline is largely due to Chinese steel mills reducing production in anticipation of the Lunar New Year holiday, as several blast furnaces and electric-arc furnaces have temporarily halted operations for planned maintenance. This reduction in production aligns with the forecasted downward trend in steel rebar prices.
What is the current / spot price of Steel Rebar (Europe)?
Steel Rebar (Europe) Price Today
February 6, 2026
Current Price
560
What is the forecast for the price of Steel Rebar (Europe)?
Steel Rebar (Europe) Price Forecast
February 9, 2026
1 Month Forecast
559.66
1 Year Forecast
624.28
What are the short-term drivers of Steel Rebar (Europe) prices?
Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - Iron Ore exports from United States - Steel Products exports from Korea - The shape of the futures curve - Seasonality trends for the prediction week of year Br(None) The top contrary drivers for the 1 Month horizon are: - The net positions of speculators on the LME
What are the long-term drivers of Steel Rebar (Europe) prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - Short term price trends - Coal imports to Japan - Coal imports to Germany Br(None) The top contrary drivers for the 1 Year horizon are: - EWMA-based technical analysis - Coal imports to China
Will the price of Steel Rebar (Europe) go up?
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