Prices in the export market for long products from the Commonwealth of Independent States continued to rise during the week until Monday, November 1, mainly due to higher offers from Ukraine, as the country still has most of the quotas allocated for the fourth quarter in Europe.
Meanwhile, Russian suppliers have almost fulfilled their quota for rebar, and the quota for wire rod has been completely exhausted. The country also announced a new quarantine last week, which will last until November 7, so no new offers of Russian materials were heard on the market on Monday.
Competitive Turkish suppliers have also nearly increased their quotas for rebar and wire rod in Europe between October and December.
Domestic rebar prices in most European countries rose last week amid vigorous restocking activities.
Ukraine increases supply of long products in the CIS against the background of quotas in Europe
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