RUSSIA REBAR: Prices flat on lack of new offers, likely price rise

The domestic steel rebar market in Russia's Central Federal District around Moscow was broadly flat over the week due to producers holding back from making new offers, while buyers expect prices for May volumes to rise, Fastmarkets heard on Monday.

Fastmarkets’ price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 54,000 roubles ($697) per tonne, including 20% value-added tax on April 12, unchanged week on week.

Rebar offers for April volumes from Novolipietsk Steel (NLMK) and Severstal were heard...

Published

Julia Bolotova

April 12, 2021

14:21 GMT

Dnipro