Long products prices in Poland remain unchanged amid weak construction sector
Prices for steel rebar and wire rod in Poland did not change during the week until Friday, November 14, due to subdued demand from key sectors, which affected the market, sources said.
"Now is not the best time for the construction industry," one trader told Fastmarkets, adding that the demand for real estate in Poland is still affected by high interest rates.
Other sources reported that demand volumes remained stable and there were no significant changes in the market.
During the week until Friday, estimates of an acceptable price level for wire rod in the range of 2580-2650 zlotys (706.73-725.90 USD) per ton of CPT were announced, the same as in the previous assessment period.
Fastmarkets' weekly price estimate for domestic steel rod (drawing quality) supplied to Poland was 2580-2650 zlotys per ton, unchanged week to week.
Prices for Polish rebar also remained stable during the week until Friday.
Estimates of the acceptable level were announced at the level of 2420-2450 zlotys per ton of CPT, which did not change compared to the previous week.
Fastmarkets' weekly price estimate for steel rebar (rebar), domestic, cpt in Poland, was 2420-2450 zlotys per ton, unchanged week to week.
David Montagnier
Fastmarkets.com