Copying and distributing are prohibited without permission of the publisher
Russian domestic rebar price unchanged but rises expected
April 16, 2014 - 14:40 GMT
Russian domestic rebar prices remained unchanged last week as April production had sold out and May output had not yet been offered.
Further price rises were expected as demand was good because
of the beginning of the construction season. However, producers
will exercise caution when seeking price rises so as not to
attract imports. Steel First’s price assessment
for A500 12mm rebar stood at 23,000-23,100 roubles ($637-640)
per tonne cpt Moscow, including VAT, on partial prepayment
terms, on Monday April 14. The price assessment has been at
this level for the past four weeks, the same level as at the
end of September. At that time, it started to fall as the
market became flooded with domestic oversupply and imports. The
price assessment reached...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from more than 17 years of intelligence plus access to MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.