RUSSIA REBAR: NLMK follows Severstal with domestic price cut

By Marina Shulga / July 03, 2018 / www.metalbulletin.com / Article Link

Novolipetsk Steel (NLMK) has reduced its rebar prices for Russia's Central region, following similar action by fellow steelmaker Severstal, which decreased its offers last week.

Metal Bulletin's domestic prices for Russian 12mm A500C rebar narrowed downward on July 2 by 1,000 roubles per tonne to 37,000-37,500 roubles ($585-593) per tonne cpt Moscow, including...

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