Domestic prices for long products in Poland remained stable during the week to Friday, August 7, amid weak demand and low consumer appetite, while the summer slowdown continued to constrain trade. "The market is inactive due to seasonal factors and vacations of market participants," a sales source told Fastmarkets. ,
,During the evaluation week, no new deals were heard, and market participants maintained a wait-and-see attitude.
In the rebar segment, an acceptable price level was fixed at 2650-2680 zlotys (711-719 dollars) per ton, excluding VAT.
The weekly price estimate for rebar steel produced in Poland was 2650-2680 zlotys per ton on Friday, unchanged from a week earlier.
Trading activity in the wire rod segment remained limited during the evaluation week. The proposals were announced at the level of 2990-3100 zlotys per tonne delivered, while acceptable levels were confirmed in the same range. Weekly price assessment
andFastmarkets the price of steel rod (drawing quality), domestic, supplied from Poland, on Friday was 2990-3100 zlotys per ton, unchanged week after week.
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,, Author: Niya Radenkova,
, , , , fastmarkets.com