RUSSIA REBAR: Positive end-user demand drives prices up

The domestic steel rebar market in Russia's Central Federal District around Moscow picked up on new offers from mills, backed by good demand from the end sector, sources told Fastmarkets on Monday September 21.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia surged to 40,000-41,000 roubles ($528-542) per tonne on September 21, including 20% VAT, up from 37,500 roubles per tonne last week.

At the end...

Published

Julia Bolotova

September 21, 2020

15:14 GMT

Dnipro