RUSSIA REBAR: Prices rise on lower availability from Tula Steel

Rebar prices in the Central Federal District around Moscow, Russia, increased this week after Tula Steel announced a reduction in supplies due to a planned stoppage its main pig iron supplier, Tulachermet.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT, was 33,000 rubles ($506.42) per tonne on Tuesday February 25, up from 32,000 rubles per tonne a week before.

“Prices [in Russia’s major steel-consuming central region] went up right...

Published

Marina Shulga

February 25, 2020

17:12 GMT

Dnepr