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. Offers from Ukraine’s ArcelorMittal Kryvyi Rih were heard...

Published

Vlada Novokreshchenova

April 24, 2018

10:00 GMT

Dnepr