Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...

Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...

The Russian rebar market has entered a state of stagnation. Both metallurgical companies and distributors would like to raise prices for this product, but there are no objective grounds for doing so. While demand for rebar exists, with some companies even reporting an uptick in the second half of March (albeit from a very low base), the construction sector, broadly speaking, has not shown signs of a spring revival. Another significant challenge for metallurgical companies is the strengthening ...

Meteorologists are predicting a rise in temperature but the market of rolled metal products for building purpose, quite opposite, is frozen. Some metal trading companies forecasting a decrease of demand for the rebar decrease of an apparent demand on 30 percents, compared to last year’s figures. Players on the market inform that the sales on January-February period were better than they were in March. At the same time, strangely enough, the spring revival is present, deals are done, just rarely ...