RUSSIA REBAR: Prices flat in market constrained by Covid-19 restrictions, public holidays

The price of steel rebar in Russia's Central Federal District around Moscow was unchanged week on week on Tuesday May 12, while buying remained slow due to Covid-19-related restrictions and public holidays, sources told Fastmrkets.

Market participants said that construction activity, the key rebar consuming sector, remained limited last week.
"[Most] construction sites have been closed since April 13, with only strategic [projects] allowed to run," a source said. "Some started to resume operations on May 6, while a gradual restart is expected this week."

Gold stocks decline on flat metal and mixed equities

Copper price expected to range from flat to slight gain in 2025

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains