The Polish market of long products is in a state of stagnation amid a seasonal downturn

The Polish market of long products is in a state of stagnation amid a seasonal downturn

Domestic prices for long products in Poland during the week up to Friday, July 24, showed mixed dynamics: prices for rebar decreased, while the price level for wire rod remained stable against the background of weak demand, low consumer appetite and low trading activity. "The market is in a state of stagnation, it's the holiday season," a source in the distribution company told Fastmarkets. Buyers ,

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They mostly maintained a wait-and-see attitude, while liquidity remained low and the number of transactions was limited.

In the rebar segment, an acceptable price level was fixed at the level of 2650-2700 zloty ($697-710) per ton, excluding VAT.

The weekly price estimate for rebar steel produced in Poland, according to Fastmarkets, decreased to 2650-2700 zlotys per ton on Friday from 2680-2800 zlotys per ton on Friday. Tons a week earlier. Activity in the bidding of wire rods

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It remained limited during the reporting week. Market participants reported that prices for the delivered ton are at the level of 3,000-3,100 zlotys, and offers were heard at these levels. Weekly price assessment

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Fastmarkets prices for steel wire rod (drawing quality), domestic, supplied to Poland, remained unchanged on Friday at 3,000-3,100 zlotys per ton.

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. . The author: Nia Radenkova,

, , , , fastmarkets.com
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