Steel Rebar (Europe) Prices

15-04-2026 - Over the past month, the price of Steel Rebar on the London Metal Exchange (LME) has risen from $560/t to $601/t, indicating a strengthening market for this raw material. This increase suggests potential supply constraints or heightened demand. However, the forecast predicts a decrease to $590.7/t, a -1.7% change from the current price, suggesting a generally flat to downward trend. This forecast highlights potential market volatility that could impact raw material prices.

The downward price pressure is primarily driven by technical data, with a combined impact of -$10.42/t. Key factors include Trend Following (-$3.90/t) and Traders' Positions (-$3.02/t), with all data types supporting this trend.

The International Rebar Producers and Exporters Association (IREPAS) has reported a decline in the global long steel products market, including rebar, due to supply-side disruptions from conflicts in Iran and Ukraine. These disruptions have led to increased energy, electricity, and freight costs, which have been passed on to customers, pushing prices upward. However, IREPAS warns that if the ceasefire in Iran does not hold and energy prices remain high, many economies could face recessionary pressures, potentially leading to a decline in demand and prices.

This outlook suggests a potential downturn in the LME Steel Rebar market, consistent with the forecast of a price decrease to $590.7/t in the coming month.