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CIS domestic rebar price goes up by $50/ton

Since the CIS paid more attention to the international market and lifted the exported offer, the CIS domestic price has increased by US$50/ton on last week.

The current domestic price stands at US$350-400/ton, while the export price stands at US$380-400/ton FOB Black Sea.

Ukraine''s biggest steel producer ArcelorMittal Kriviy Rih said that it was confident to stabilize the rebar price for April production at US$400/ton (ex. mill).

The rebar produced by Evraz group in Russia was being quoted at US$340-350/ton. Source: Yieh .com

Apr 22, 2009 10:47
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