“No sufficient activity has been observed in the market this week,” one seller source told Fastmarkets, adding that the market remained stable.
Last week, Polish mills were heard offering rebar at 2,550 zloty ($674) per tonne CPT, compared with 2,580-2,600 zloty per tonne CPT in mid-May.
Most market participants estimated the tradable market price for rebar at 2,550-2,560 zloty per tonne CPT.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Poland was 2,550-2,560 zloty per tonne on Friday, unchanged week on week.
Wire rod
Prices for Polish domestic low-carbon drawing-quality wire rod were also stable in the week to Friday, sources told Fastmarkets.
Most market participants indicated the tradable market price for wire rod at 2,700-2,800 zloty per tonne CPT last week, compared with 2,750-2,850 zloty per tonne CPT in mid-May.
Fastmarkets’ price assessment for steel wire rod (drawing quality), domestic, delivered Poland was 2,700-2,800 zloty per tonne on Friday, also unchanged week on week.
