Russia's domestic rebar prices rise on pick-up in construction; steel plate prices fall

Sentiment was mixed in Russia's domestic steel market on Tuesday June 13, with rebar prices rising due to an increase in construction works, while plate offer prices fell after flat steel was redirected from traditional export markets, sources told Fastmarkets.

Fastmarkets’ price assessment for steel reinforcing bar (rebar) domestic, cpt Moscow, Russia was 52,500-53,500 rubles ($631-643) per tonne, including 20% value-added tax (VAT), on Tuesday June 13, up from 52,000-53,000...

Published

Sofia Okun

June 13, 2023

16:45 GMT

London