POLAND REBAR: Prices rise after public holiday

Domestic steel rebar prices in Poland increased on Friday June 19, after a public holiday, due to rising feedstock costs and good end-user demand, sources told Fastmarkets.

Buying activity started to recover this week after long public holiday in Poland, sources said.
Demand form key rebar-consuming construction sector remains solid, they added, but a slowdown is expected in the summer months, especially in residential sub-sector and partially in civil engineering due to a lack of investment in infrastructure projects.
“Producers are  indicating problems with cut-and-bend facilities that are working to very low margins due to lack of new infrastructure investment (where mainly prefabricated rebar is used),” one trader said.

“Final demand...

Published

Julia Bolotova

June 19, 2020

16:08 GMT

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