POLAND WIRE ROD: Market flat, mills mull post-summer rises

The steel wire rod market in Poland was flat in the week to Friday July 16 with local producers sold out for July and holding back from August rolling offers, source told Fastmarkets.

Several sources suggested that Polish producers may attempt to push for €20-50 ($24-59) per tonne price increases for August rolling offers due to increased scrap costs, but the summer slowdown and high current prices make new increases unlikely to be accepted, sources said.

"[Wire rod] prices are very high - our customers are resisting any increases,"...

Published

Julia Bolotova

July 16, 2021

15:55 GMT

Dnipro