Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Poland, was 2,400-2,450 zloty ($669-683) per tonne on Friday, unchanged week on week.
There was little demand for Polish rebar in the market at the moment because the industry slows down during the winter months, market sources said. Estimates of workable prices were heard at 2,400-2,450 zloty per tonne CPT, the same as in the previous week.
According to a distributor, some mills in the country were targeting higher offers for January rebar, around 2,500 zloty per tonne CPT, but they believed those prices were not workable because demand was still low.
The source said that mills were looking to increase offers for January because of rising scrap prices and new regulations, including the EU’s Carbon Border Adjustment Mechanism (CBAM), to come into effect on January 1.
But they said it was still “not easy to imagine” what will happen with the market in the new year in terms of costs and price increases.
Regarding imports, offers from Germany were heard at €580 ($680) per tonne delivered.
For drawing quality wire rod, offers were heard at 2,650 zloty per tonne on Friday. They sat at the upper end of estimates of workable market prices heard in the range of 2,600-2,650 zloty per tonne during the same assessment period.
Fastmarkets’ weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 2,600-2,650 zloty per tonne on Friday, stable since the second half of November.
A consumer source did not expect prices for wire rod to change until later in January while the industry prepared for the holiday break.
The source said that mills could try to raise prices, but said that any increase would depend on the effects of new trade regulations in 2026.
“We have to wait and see the effect of CBAM,” the source said, adding that mills were waiting for the new rules to arrive before raising prices, because “any increase would otherwise be difficult for the market to accept.”
