STEEL LONG PRODUCT INCREASE
01 May 2026
Steel rebar prices have shown upward movements in early May 2026, driven by rising futures in China, increased raw material costs, and positive market sentiment, with specific regional variations as of May 1, 2026. In South Africa we saw an overall price increase of R580.00 per ton on straight and could prices.
Key Drivers for Early May Increases:
- Rising Costs: Higher energy, freight, and raw material costs.
- Inventory Drawdowns: Tightening supply due to reduced stock levels.
- Demand Speculation: Increased buying activity following the May Day holiday in China
The face of the moon was in shadow
Almost before we knew it, we had left the ground. All their equipment and instruments are alive.Mist enveloped the ship three hours out from port. The spectacle before us was indeed sublime.A red flair silhouetted the jagged edge of a wing.
