CIS LONG STEEL: Long lead times, global uptrend push prices up

December 02, 2020 / www.metalbulletin.com / Article Link

The export market for long steel products from the Commonwealth of Independent States increased again in the week to Monday November 30 supported by long lead times and a global steel market uptrend.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $540 per tonne on Monday, up from $490 per tonne fob a week earlier.

Offers for Russia-origin rebar increased to $540 per tonne fob from...

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