POLAND REBAR: Domestic prices drop in slow market but trend likely to change

Domestic prices for rebar in Poland have moved further down over the week due to slow trading, sources told Fastmarkets on January 25.

Additionally, Polish steelmakers have settled monthly contracts for scrap at a lower price – a decrease of about 60 zloty ($16) per tonne - which has had an additional negative impact on rebar prices, market participants told Fastmarkets. As a result, Fastmarkets’ price assessment for domestic 12mm B500B-grade rebar in Poland was 2,170-2,240 zloty ($574-592) per tonne ex-works on January 25, down from 2,200-2,300 zloty per tonne ex-works last week. Polish mills have been trading and offering the...

Published

Maria Tanatar

January 25, 2019

17:32 GMT

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