Downtrend persists in Russian domestic rebar market

The downtrend in the domestic steel rebar market in Russia’s Central Federal District around Moscow during the week to Monday June 20 meant that rebar in certain diameters was in short supply and therefore at higher prices than last week, sources have told Fastmarkets.

The inventories at many traders were at very low levels, because nobody has replenished their stocks since March amid the economic uncertainty and continued downtrend resulting from the trading sanctions...

Published

Elina Virchenko

June 20, 2022

18:20 GMT

Dubai