RUSSIA REBAR: Market quiet, lacking offers

The domestic rebar market in Russia's Central Federal District around Moscow was quiet in the week to December 29 with most producers still holding back January volumes on export duty imposition fears, several sources told Fastmarkets.

In the second half of December, Moscow-based construction companies lodged a complaint to the government about sharp rebar prices increase in the fourth quarter of 2020.

As a result, the Federal Anti-monopoly Service of Russia (FAS) suggested imposing temporary restrictions...


Julia Bolotova

December 29, 2020

14:08 GMT