RUSSIA REBAR: Steady prices backed by seasonally strong demand from construction sector

Domestic steel rebar prices in Russia's Central Federal District around Moscow were steady in the week to September 28, supported by seasonally good demand from the construction sector, sources told Fastmarkets on Monday.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia held at 40,000-41,000 roubles ($512-524) per tonne on September 28, including 20% VAT. It rose to that price last week, from up from 37,500 roubles per tonne on September 14.

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Julia Bolotova

September 28, 2020

15:44 GMT