Polish long steel prices stable as market returns from holiday season
Polish domestic long steel prices remained largely stable in the week to Friday August 28 amid weak demand and low buying appetite, as the market gradually returned from the holiday season and summer lull.
“Steel mills have quite good stocks, and they produced less in August,” a distributor source told Fastmarkets.
Market participants described demand as weak following the August holiday period, with buying activity remaining limited.
In the rebar segment, deals were heard at 2,670-2,680 zloty ($719-722) per tonne CPT.
Workable levels were heard at 2,650-2,680 zloty per tonne CPT.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, CPT Poland, was 2,650-2,680 zloty per tonne on Friday, unchanged week on week.
Trading activity in the wire rod segment remained limited during the assessment week, with workable levels heard at 2,990-3,100 zloty per tonne delivered and offers heard within the same range.
Fastmarkets’ weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 2,990-3,100 zloty per tonne on Friday, unchanged week on week.
EUROMETAL action in Brussels: “Keep Manufacturing in Europe”
*”We are not asking for subsidies or special treatment. We are asking for fair competition. European manufacturers are investing to meet some of the world’s highest environmental and climate standards. At the same time, many imported manufactured products enter the European market without facing equivalent obligations. This creates an uneven playing field that puts European factories, investment, and jobs at risk.Our message is simple: if Europe wants to keep manufacturing, innovation, and skilled jobs, it must ensure that the same principles apply across the entire manufacturing value chain. Keeping manufacturing in Europe is about preserving Europe’s prosperity, resilience, and strategic autonomy.”*
-
10:30 – Participants gather at Robert Schuman Roundabout.
-
11:00 – Press conference and media interviews at Robert Schuman Roundabout.
-
11:30 – Symbolic Funeral Procession: Representatives of companies and associations will carry 10 symbolic industrial coffins around the Berlaymont building, representing the manufacturing capacity, jobs, and industrial know-how that Europe risks losing.
-
11:30 – Arrival of the Convoy: Arrival of the “European Convoy for Industrial Competitiveness” in the European Quarter and positioning of participating trucks on Boulevard Charlemagne.
-
12:00 – Simultaneous Horn-Sounding Action: A simultaneous sounding of all truck horns will deliver a symbolic wake-up call for Europe’s manufacturing future.
-
12:05 – Presentation of Demands: Presentation of the convoy’s common message to a representative of the European Commission, followed by a photo opportunity.
