RUSSIA REBAR: Prices keep rebounding on low stocks and good demand

Domestic steel rebar prices in Russia’s Central Federal District around Moscow continued increasing rapidly in the week to Monday October 11 on the back of low stocks and good demand, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, cpt Moscow, Russia was 60,000-62,000 roubles ($835-863) per tonne cpt on October 11, including 20% value-added tax, up by 4,500-6,000 roubles ($63-83) from 55,500-59,000 roubles per tonne a week earlier.

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Elina Virchenko

October 13, 2021

11:29 GMT