Domestic prices for steel wire rod in Poland moved up sharply in the week to Friday March 26 on bullish offer from producers with sources expecting new levels to be accepted eventually amid shortages and limited imports, Fastmarkets heard.
Fastmarkets' assessment for steel wire rod (drawing quality), domestic, delivered Poland jumped to 3,060-3,100 zloty ($779-789) per tonne, up from 2,970-3,000 zloty per tonne seven days ago.Offers from local producers CMC Zawiercie and ArcelorMittal Sosnowiec were heard at 3,200 zloty per tonne delivered for April-rolling material, up by about 200 zloty per tonne compared to offers for March, several...