POLAND REBAR: Buyers resist higher offers

Poland's rebar producers closed their February rebar sales at increased prices and are now trying to push through new increases but buyers are resisting, claiming that demand is not enough to support it, sources told Fastmarkets on Friday January 22.

Fastmarkets’ weekly price assessment of steel reinforcing bar (rebar), domestic, exw Poland was set at 2,950-3,000 zloty ($790-803) per tonne on Friday, narrowing upward from 2,900-300 zloty per tonne seven days ago.

Most local producers are said to have sold out of February rolling rebar at average prices of 2,900-2,950 zloty per tonne ex-works and are now determined to push for even higher price levels, market participants told Fastmarkets.


Julia Bolotova

January 22, 2021

17:35 GMT