RUSSIA REBAR: Producers hold back July offers, buyers expect rollover

The steel rebar price in Russia's Central Federal District around Moscow was largely unchanged over the past week, with market participants believing the price has touched a ceiling and not expecting further rises.

Most local producers were still holding back their offers for July, although sources told Fastmarkets they expect a rollover of the latest prices.

Tula Steel was heard offering rebar to the secondary market at 75,000-77,000 roubles ($1,042-1,069) per tonne cpt, sources said, the same as last week....


Julia Bolotova

June 14, 2021

14:44 GMT