Polish wire rod producers struggle to raise prices amid slow demand

Steel wire rod prices in Poland have inched up slightly over the past week on higher production costs, but slow end-user demand and competition with imports have discouraged an increase of domestic prices, sources told Fastmarkets on Friday January 14.

Trading activity in the local market has remained poor since the year-end holidays, sources said.
Fastmarkets’ price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 3,950-4,000 zloty ($998-1,011) per tonne on Friday, narrowing upward from 3,900-4,000 zloty per tonne seven days earlier.
The assessment was a reflection of deals, offers and market sources’ estimates of workable prices.

A weak end-product market was an obstacle for wire...


Julia Bolotova

January 14, 2022

14:05 GMT