RUSSIA REBAR: Producers increase offers citing seasonal upturn in end-user demand

The rebar price in Russia’s Central Federal District around Moscow increased in the week to Monday March 30, sources told Fastmarkets, mainly driven by seasonally better demand from the construction sector.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% value-added tax (VAT), was 35,000-36,000 roubles ($445-457) per tonne on Monday March 30, up from 34,500-35,000 roubles over a week.

“Key suppliers to the region increased their prices to 36,000 roubles per...

Published

Julia Bolotova

March 30, 2020

15:23 GMT

Dnepr