POLAND WIRE ROD: Producers holding back, sentiment upbeat amid good demand, shortage

Steel wire rod producers in Poland were largely staying away from the market and holding back new offers, while secondary-market prices skyrocketed, pushed by limited supply, good demand and a general European uptrend, Fastmarkets heard on Friday May 14.

Fastmarkets’ weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 3,250-3,400 zloty ($864-904) per tonne on Friday, up from 3,180-3,200 zloty per tonne delivered a week earlier.

The assessment reflected deals and achievable prices heard...

Published

Julia Bolotova

May 14, 2021

13:42 GMT

Dnipro