Polish domestic rebar and wire rod prices climbed further during the week to Friday January 23 amid growing feedstock costs caused by tighter availability.
Market participants cited increasing scrap and electricity costs as the primary reason for mills’ higher offers, which is a trend common in many European markets.
Harsher-than-normal winter weather is also slowing scrap collection across the region.
“We sold several [scrap] cargoes earlier this month but we cannot deliver them,” one trader said, referring to weather conditions.
Ukraine has also imposed a complete ban on exports of scrap out of the country for 2026, while in 2025 the country delivered around 300,000 tonnes, according to the trader.
In addition, the introduction of the Carbon Border Adjustment Mechanism (CBAM) on January 1, 2026 has caused uncertainty in the import sector, resulting in delays in bookings of import billet and competing import long steel products.
In such conditions, mills in Poland have raised offers for both rebar and wire rod.
Rebar offers were between 2,550 zloty ($716) and 2,700 zloty per tonne CPT, with workable levels estimated at 2,550-2,600 zloty per tonne CPT.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Poland was 2,550-2,600 zloty per tonne on Friday, up from 2,480-2,550 zloty per tonne one week prior.
Wire rod offers varied within 2,600-2,700 zloty per tonne delivered, with workable prices said to be within 2,600-2,650 zloty per tonne delivered.
Fastmarkets’ weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland was 2,600-2,650 zloty per tonne, stable week on week.
While prices were rising on higher feedstock costs, demand was said to be muted due to slower activity at construction sites as well as sufficient customer stocks.
Offers of Italian rebar were heard at €605-610 ($715-721) per tonne CPT in the reported week.
Wire rod of the same origin was offered at €630-640 per tonne CPT.
