RUSSIA REBAR: Market expects prices to decline on slow winter demand

February 23, 2021 / www.metalbulletin.com / Article Link

Buying activity in the domestic steel rebar market in Russia's Central Federal District around Moscow was close to nil in the week to Monday February 22, due to bad weather conditions, Fastmarkets has heard.

Official offer prices from major suppliers to the region were unchanged, but sources were expecting a downward correction soon.
Snowstorms in the region over the assessment week put construction activity on hold and delayed deliveries, sources said.

Construction activity in Russia, the main market...

Recent News

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok