Polish rebar market largely flat despite mills' attempts to raise price

Slow demand and cheaper imports have quashed attempts by steel rebar producers in Poland to boost prices, sources told Fastmarkets on Friday November 19.

Trading activity in the Polish rebar market has been slow this week, those sources said - because local distributors and stockholders have enough material in stock, they have not been looking to make bookings.
As well, end-user demand from the construction industry is reportedly slowing down for the winter, as is usually the case.
"Demand this week was much slower than last week. Winter is coming - fewer construction projects are starting," a trading source said.

Despite the weak fundamental backdrop, some...

Gold stocks rebound to new highs

US$ and bonds not the safe havens normally expected

Crash driven by tech and highly cyclical sectors

Gold stocks succumb only on second day of plunge

Gold stocks outperform, New Found Gold down on initial MRE