Prices in the Commonwealth of Independent States' export long steel market continued to grow in the week to Monday November 1, mainly due to higher offers from Ukraine because the country still has most of its quota allocation available for the fourth quarter in Europe.
Meanwhile, Russian suppliers have almost fulfilled up their rebar quota and their wire rod quota has been completely exhausted. The country also announced a new lockdown last week, which will last until November 7, so no fresh offers of Russian material were heard in the market on Monday.Fastmarkets' weekly price assessment for steel reinforcing bar...