Polish domestic long steel prices remained stable in the week to Friday August 7 amid weak demand and low buying appetite, with the summer slowdown continuing to curb trading.
“The market is not active due to seasonal factors and vacations of market participants,” a seller source told Fastmarkets.
No new transactions were heard during the assessment week, with market participants maintaining a wait-and-see approach.
In the rebar segment, workable levels were heard at 2,650-2,680 zloty ($711-719) 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 from a week earlier.
Trading activity in the wire rod segment remained limited during the assessment week. Offers were heard at 2,990-3,100 zloty per tonne delivered, with workable levels confirmed 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.
