RUSSIA REBAR: Producers target higher prices for July

Domestic steel rebar prices in Russia’s Central Federal District around Moscow stabilized over the past week, while producers targeted higher prices for July rolling, supported by rising export sales, sources told Fastmarkets on Monday June 22.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 32,500-33,000 roubles ($468-475) per tonne including 20% VAT on Monday, on a par with last week’s level.

Offers of June-rolling rebar from key suppliers to the region were heard at 32,500-33,000 roubles per tonne cpt, while offers for July...

Published

Julia Bolotova

June 22, 2020

15:15 GMT

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