RUSSIA REBAR: Prices up on shortage after mill flood

Domestic prices for steel rebar in Russia’s Central Federal District around Moscow went up Monday July 27 when a shortage appeared in the market because operations at Novolipetsk Steel’s Urals mill were stopped by a flood.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 35,000 roubles ($488) per tonne on July 27, including 20% VAT, narrowing upward from 34,000-35,000...

Published

Marina Shulga

July 28, 2020

16:40 GMT

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