RUSSIA REBAR: Prices increase on improved trading, bullish sentiment

Rebar prices in Russia’s Central Federal District around Moscow increased in the week to Monday March 16 on reduced supplies and improved buying in the secondary market, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT, was 34,000-34,500 ($469-475) roubles per tonne on March 16, up from 32,000-33,000 roubles per tonne last week.

Trading in the secondary market started to improve over...

Published

Julia Bolotova

March 16, 2020

18:35 GMT

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