CIS LONG STEEL: New bookings send rebar prices down
CIS export rebar prices fell by $5-15 per tonne in the week ending Monday April 23, after new bookings were reported concluded at lower prices.
CIS suppliers cut prices in response to the downward trend in the billet market
as well as falling import scrap prices in Turkey
Metal Bulletin’s weekly price assessment for CIS rebar exports
slid to $560-575 per tonne fob Black Sea on April 23, down from $575-580 per tonne fob Black Sea last week.