CIS LONG STEEL: Russian rebar export prices rise on domestic strength

Steel rebar prices from Russia increased in the week to Monday April 12 supported by a strong domestic market, Fastmarkets has learned.

"Russian domestic prices are strengthening," a source on the producers' side said.
Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 54,000 roubles ($697) per tonne on April 12, including 20% value-added tax. This was unchanged week on week but up by 1,000 roubles per tonne since March 29.

"Nobody has given new offer prices for May...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold