RUSSIA REBAR: Prices supported by improved demand

Domestic steel rebar prices in Russia’s Central Federal District around Moscow were broadly stable in the week to Monday July 6, supported by good demand, sources told Fastmarkets on Monday July 6.

Demand for rebar in the region was good over the assessment week, but still slower than last July, sources said.

“Volumes are healthy, construction is performing well, but we are still below the levels of July 2019 in terms of buying activity,” one trader...

Published

Julia Bolotova

July 06, 2020

15:57 GMT

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