Steel products market up in Russia on higher prices from mills

December 25, 2019 / www.metalbulletin.com / Article Link

The hot-rolled steel sheet and rebar markets in Russia's Central Federal District around Moscow strengthened this week on higher prices from mills, even as demand remained seasonally subdued, sources told Fastmarkets on Monday December 23.

Fastmarkets' weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia, was 39,500-40,000 roubles ($634-642) per tonne on December 23, including 20% VAT, up from 39,000-39,500 roubles per tonne a week earlier.
"Mills always try to increase prices for January, because they hope for some demand recovery. But normally activity in the secondary market starts to rebound only in February, when spring is closer," one trader said.

"Staring from a new year logistic, utility...

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok