Russian domestic steel market quiet despite concerns about oversupply

Russian domestic prices for reinforcement bar (rebar) and flat steel products remained stable on Monday June 19, despite market participant concerns about the potential for oversupply.

Fastmarkets’ price assessment for steel plate domestic, cpt Moscow, Russia was 79,000-80,000 rubles ($940-952)) per tonne including VAT on Monday June 19, unchanged from June 12.

“For now,...


Sofia Okun

June 20, 2023

13:01 GMT