Russia's rebar prices continue falling in August despite high construction season

The cost of rebar in Russia continues to decline, despite the traditionally high summer demand from the construction industry. In August, a tonne of metal products on FCA terms (large traders) fell to 48,000 rubles ($597.7), and on a CPT basis (manufacturing plants) -- to 46,500 rubles. Since the beginning of June, Russian rebar prices have fallen by 13.8-15.4%, and in monthly terms -- about 11%.

The main reason for the decline in quotes was stagnation in commercial and residential construction, which is not offset even by large infrastructure projects. According to Russia's Metals & Mining Intelligence, rebar consumption in the first half of 2025 remained at the level of last year due to long-term contracts