POLAND REBAR: Sluggish buying drags prices further down

Domestic steel rebar prices in Poland declined again in the week to Friday; buyers expect further price declines and so held back from trading in the week ended September 17, sources told Fastmarkets.

Trading activity in Poland’s rebar market has been sluggish over the past seven days, with most sources expecting substantial price cuts by domestic mills toward October when the new quota period opens on October 1. This will cause rebar availability in the market to increase significantly and put pressure on domestic prices, sources said.

The new quotas for steel product imports into the European Union will become available on October...

Published

Julia Bolotova

September 17, 2021

14:44 GMT

Dnipro