RUSSIA REBAR: Prices drop in slow market for construction

Prices for steel rebar in Russia's Central Federal District around Moscow declined over the past week due to slow demand, sources told Fastmarkets on Monday June 1.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT was at 31,500-32,000 roubles ($449-456) per tonne on Monday, down from 32,000-33,000 last Tuesday.
Activity in construction, a major rebar consumer, was recovering slowly in Russia, sources said.

"Things are moving slowly, besides...

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