CIS export rebar and wire rod prices continued to rise in the week ended Monday February 26 amid reduced availability of the materials, although customers were refraining from bookings because they considered the offered prices to be too high.
Metal Bulletin's weekly price assessment for CIS rebar exports narrowed upward to $570-580 per tonne fob Black Sea on February 26, from $565-580 per tonne fob Black Sea.Early in the week, offers from Belarus Steel Works (BMZ) were reported at $570 per tonne fob Black Sea on a 100% pre-payment basis, which would...