Domestic steel rebar prices in Russia's Central Federal District around Moscow were flat in the week to Monday November 16 despite higher mill offers for November deliveries, sources have told Fastmarkets.
Slow secondary market demand and competition between mills' trading branches and independent trading companies were constraining domestic rebar price growth in the region, sources said.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, remained at 40,000-41,000 roubles ($517-530) per...