Reinforcement Bar Price | Current and Forecast
Monitor Reinforcement Bar Prices Worldwide
See monthly Reinforcement Bar prices in 5 locations: US, S. America, Middle East, NE Asia, SE Asia, C. Europe, Europe. Also check Reinforcement Bar price history since 2007 and forecasts. Subscribe now to Intratec Primary Commodity Prices and gain access to current prices of 244 commodities, including Reinforcement Bar.
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Data Legend. The Reinforcement Bar price chart shows the prices in USA Dollar per metric ton (USD/mt) in 7 locations, as follows:
- US: transaction, cif
- S. America: transaction, fob, Brazil
- Middle East: spot, fob, Turkey
- NE Asia: transaction, cif, South Korea
- SE Asia: transaction, cif, Australia
- C. Europe: transaction, cif, Finland
- Europe: transaction, fob, Spain
Data Use. Reinforcement Bar prices are provided as an annual subscription where subscribers have access to reliable pricing data of 244 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Price Dynamics. The Carbon Steel price in United States decreased during September 2018 to 599 USD per metric ton, which represents a slight decline of 2% compared to the previous month’s value. On a year-over-year basis, Carbon Steel prices in United States increased significantly by 13%. Meanwhile, in Brazil, the average price of Carbon Steel amounted to 574 USD per metric ton, from 480 USD per metric ton one year earlier. On a month-over-month basis, the Carbon Steel price in Brazil is 0.7% higher than the price one month before.
The price of Carbon Steel in Turkey declined throughout September 2018, reaching 525 USD per metric ton. The price in Turkey is 5% lower than the average price in the previous month and 7% higher than the average price one year before. In contrast, Carbon Steel prices in South Korea increased modestly during September 2018, reaching 572 USD per metric ton, which means a rise of 0.7% from the previous month’s price and a rise of 12% from the previous year’s price.
The Carbon Steel prices in Australia experienced a modest decline of 14 USD per metric ton from the prior month's price, to 566 USD per metric ton. Such price movement in Australia meant a decrease of 2% on a monthly basis and a rise of 14% on a yearly basis. On the other hand, in September 2018, the Carbon Steel price in Finland witnessed a rise of 14 USD per metric ton when compared against the previous month's price, to 627 USD per metric ton. The September 2018 price in Finland is 5% higher than the price one year before.
In Spain, the average price of Carbon Steel was 597 USD per metric ton on September 2018 – a little increase of 22 USD per metric ton, or 4%, compared with the previous month. On a year-over-year basis, the Carbon Steel price in Spain is 7% higher than the price one year before.
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About Carbon Steel. Reinforcement Bar is a hot-rolled iron or steel bar comprising a variety of sizes, geometries, and compositions. Due the hot-rolling process, surface seams and laps are the most common surface imperfections, in such a way that purchasers make adequate allowances for their removal. Because these bars are widely employed in concrete buildings to improve tensile strength, their surface is usually ribbed to improve bonding, although mild bars with plain surfaces may be used at expansion and contraction joints.
Generally, rebar is transported in bundles and secured to the bed of a flatbed trailer. This must be placed on top of a raised non-metallic platform. In addition, moisture must be avoided and the rebar covered with a thick protective canvas.
The uses and applications of Reinforcement Bar may vary according to its specification. The main forms of Reinforcement Bar are grades (minimum yield strength in kilopounds per square inch (KSI)) of 40, 60, 75, 80, and 100.
Rebars improve the tensile strength of concrete and are used because their linear thermal expansion nearly equals that of concrete, thus minimizing stress when exposed to temperature variations. They are used to reinforce several structures, such as beams, columns, slabs, and bridges.
