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RUSSIA REBAR: Downtrend continues on end-user demand slowdown

  • Wednesday, September 25, 2019
  • Source:ferro-alloys.com

  • Keywords:RUSSIA REBAR, end-user demand
[Fellow]Rebar prices in Russia’s major steel-consuming region fell again this week on weakening demand from end users.
[Ferro-Alloys.comRebar prices in Russia’s major steel-consuming region - the Central Federal District around Moscow - fell again this week on weakening demand from end users.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% VAT, was 33,000-34,000 roubles ($516-531) per tonne on Monday September 23, down from 36,000-37,000 roubles per tonne the week before. Workable price for traders were reduced to 33,000-34,000 roubles per tonne cpt Moscow. At this price, rebar was available from one of the smaller suppliers, one source said.(Metalbulletin)

 

  • [Editor:kangmingfei]

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