RUSSIA REBAR: Price rises on seasonally improved demand

Rebar suppliers have increased their prices for buyers in Russia’s Central federal district, the major steel-consuming region in the country, on seasonally improved demand in the secondary market.

Fastmarkets’ weekly price assessment for domestic 12mm A500C rebar in Russia, including 20% VAT, was 39,000-40,000 roubles ($603-618) per tonne cpt Moscow on Monday March 25, up from 38,500-39,000 roubles per tonne last week. Severstal, one of two major rebar suppliers to the region, came to the...

Published

Marina Shulga

March 25, 2019

18:25 GMT

London