RUSSIA REBAR: Market slow after holidays; sources expect prices to rise

January 12, 2021 / www.metalbulletin.com / Article Link

The domestic rebar market in Russia's Central Federal District around Moscow was quiet in the week to January 11 with market activity slowly starting to recover after the holiday break and most producers expecting to issue new prices for January deliveries later this week, several sources told Fastmarkets.

Most major rebar producers in the region were yet to announce new offers for rebar in the domestic markets after an almost two-week long holiday break -there were public holidays in Russia from January 1 to January 11.

One producer had reportedly issued new offers for January deliveries at 65,000 roubles ($877)...

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