Domestic steel rebar prices in Russia's Central Federal District around Moscow have jumped by up to $185 during the week to Monday October 25 on depleted stocks and limited supply from the mills.
Fastmarkets' assessment of steel reinforcing bar (rebar) domestic, cpt Moscow, Russia was in a wide range of 62,000-75,000 roubles ($888.46-1,074.75) per tonne cpt on Monday, including 20% value-added tax, widening up by 13,000 roubles from 62,000 roubles per tonne a week earlier."The last official offers from the mills were at 62,000. There is no...