CIS LONG STEEL: Prices fall on limited demand

CIS rebar and wire rod export prices fell in the week ending Monday October 31, due to modest demand in the region's major target markets and a decline in domestic long steel prices in Russia.

Metal Bulletin’s price assessment for Russian domestic 12mm A500C rebar was 30,100-30,200 roubles ($519-521) per tonne cpt Moscow, including VAT, on Monday. The weakening of export billet prices in the region over the past week also had a negative impact on the finished long steel sector. Metal Bulletin’s weekly fob CIS Billet Index was $482 per...

Published

Vlada Novokreshchenova

October 31, 2017

13:41 GMT

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