This week, Romania’s rebar segment has seen upward price movement, as both the sole domestic producer and rebar spot traders increased their offers compared to last week.
The adjustments are largely influenced by CBAM-related expectations and rising prices from other EU suppliers. However, the wire rod segment has not followed this trend, with prices remaining unchanged due to persistently weak demand. Market participants report that overall demand continues to be limited, particularly in the wire rod segment, where activity is described as very low. The rebar market is performing slightly better, with a modest uptick in inquiries following the recent increases. Even so, sources highlight growing uncertainty: with the end of the year approaching and holiday-related slowdowns already visible, business activity is expected to soften further. Given these conditions, combined with ongoing liquidity constraints, many sellers question whether the current upward price attempts can be sustained, as buyers remain cautious and highly price-sensitive.
As a result, domestic rebar prices have moved higher, with the country’s sole producer raising offers to €560-565/mt ex-works, compared with €550-555/mt previously. In the retail segment, traders have also adjusted their prices upward to €570-590/mt ex-warehouse, up from last week’s €550-565/mt ex-warehouse.
In contrast, the wire rod market has remained quiet, with weak demand limiting any price movement. Traders report that offers continue to stand at €560-570/mt ex-warehouse, unchanged from the previous week.
On the import side, trading activity has remained limited as the end of the year approaches and many Romanian buyers are waiting for January arrival cargoes rather than committing to new bookings. Offers from EU suppliers continue to reflect CBAM-related adjustments, and Bulgarian mills have raised rebar prices to €600-610/mt CPT, up from last week’s €585-605/mt CPT. Moldovan suppliers, meanwhile, have paused new offers due to internal issues and are currently absent from the market.
Among non-EU origins, Egyptian mills have kept their levels unchanged, offering rebar at €485-490/mt CFR and wire rod at €490-495/mt CFR. Turkish suppliers, by contrast, have slightly reduced the lower end of their range, now quoting at €495-515/mt CFR for January shipment, down from €500-515/mt CFR last week, based on an exchange rate of €1 = $1.17 and freight costs of €15-20/mt.
