RUSSIA REBAR: Prices fall on low demand in weak secondary market

Steel traders in Russia have insisted on lower prices for October-rolled rebar due to poor demand in the secondary market, Metal Bulletin has heard.

Traditionally at this time of year, construction activity slows down in Russia because of the deteriorating weather conditions as winter takes hold, so demand for rebar normally subsides. Metal Bulletin’s price assessment for Russian domestic 12mm A500C rebar was 30,100-32,000 roubles ($517-549)...

Published

Marina Shulga

November 01, 2017

15:38 GMT

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