RUSSIA REBAR: Prices hold in slow market

June 09, 2020 / www.metalbulletin.com / Article Link

Prices for steel rebar in Russia's Central Federal District around Moscow stabilized over the past week, while trading activity remained modest, sources told Fastmarkets on Monday June 8.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT was at 31,500-32,000 roubles ($459-466) per tonne on Monday, same as last week.

Buying was still slow because of both oversupply and the slow recovery of construction activity,...

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