RUSSIA REBAR: Prices soar on tight availability, strong exports

The domestic steel rebar price in Russia's Central Federal District around Moscow has jumped in the week to Monday December 14, pushed by shortages and strong export markets, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 55,000 roubles per tonne including 20% value-added tax on Monday, up from 42,000-44,000 roubles per tonne last week.
Buying activity in the region was moderate, considering rapid and sharp price growth and seasonally slower end-user demand.

Construction activity in Russia typically...

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

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals