RUSSIA REBAR: Prices continue uptrend, driven by limited supplies, good demand

Domestic steel rebar prices in Russia's Central Federal District around Moscow edged up again on good end-user demand and tight supplies in April due to planned stoppages at key producers, sources told Fastmarkets on Tuesday April 6.

Fastmarkets’ price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 54,000 roubles ($707) per tonne, including 20% value-added tax, on April 6, narrowing upward from 53,000-54,000 roubles per tonne on March 29.

Construction activity in Russia typically slows in late autumn and early...

Published

Julia Bolotova

April 06, 2021

16:24 GMT

Dnipro