RUSSIA REBAR: Coronavirus disruptions continue to weigh on buying appetite

  • Thursday, April 16, 2020
  • Source:ferro-alloys.com

  • Keywords:RUSSIA REBAR, Coronavirus
[Fellow]RUSSIA REBAR: Coronavirus disruptions continue to weigh on buying appetite.

[Ferro-Alloys.comThe price of steel rebar in Russia’s Central Federal District around Moscow dropped by 4.3% week on week due to slow buying amid market uncertainty during the Covid-19 pandemic, sources told Fastmarkets on Tuesday April 14.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, including 20% value-added tax (VAT) was 33,000-34,000 roubles ($449-462) per tonne on Tuesday, compared with 35,000 roubles per tonne on the preceding week. (Fastmarkets)

  • [Editor:kangmingfei]

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