POLAND REBAR: Prices firmer on good buying, tight availability

Domestic steel rebar prices in Poland have kept increasing in the past week, pushed by strong buying activity and short supply, sources told Fastmarkets on Friday October 2.

Fastmarkets' latest price assessment for steel reinforcing bar (rebar), domestic, exw Poland, narrowed upward to 2,000-2,050 zloty ($521-535) per tonne on October 2, from 1,960-2,050 zloty per tonne one week earlier.
The price was supported by good buying activity and limited availability, according to local sources.
"Demand is very high - there is even a shortage of material in the market," one trader said.
Sources also reported good performance by the key rebar-consuming sector, construction, mainly driven by the residential sub-sector.
"Many new construction projects are starting, especially in the residential sector. Demand is actually booming," a second trader said.

"This week, buying activity is still very good," a third trader said. "Construction is also...

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