CIS LONG STEEL: Long lead times, global uptrend push prices up

The export market for long steel products from the Commonwealth of Independent States increased again in the week to Monday November 30 supported by long lead times and a global steel market uptrend.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $540 per tonne on Monday, up from $490 per tonne fob a week earlier.

Offers for Russia-origin rebar increased to $540 per tonne fob from...


Marina Shulga

December 01, 2020

15:27 GMT