Russian domestic steel rebar prices rise again on more expensive scrap

Steel rebar prices edged up further in Russia’s Central Federal District around Moscow in the week to Monday January 30, with rising scrap prices, higher export values compared with domestic prices, and the approach of the busy season starting in March cited as the main forces behind the increases.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, cpt Moscow, Russia was 44,000 roubles ($628) per tonne including 20% value-added tax (VAT) on Monday, narrowing upward by 1,000 roubles...

Published

Elina Virchenko

January 31, 2023

10:41 GMT

Dubai