Polish rebar factories offer discounts to stimulate the market

Polish producers of steel rebar offer discounts on their products to stimulate the market. During the week of September 9-16, 2022, rebar prices on the domestic market of Poland decreased by 50 zloty ($11) compared to the previous week – to 4.2-4.3 thousand zloty/t ($902-913/t). Eurometal reports about it.

In the week of September 2-8, 2022, two local producers offered rebar at 4.2-4.3 thousand zloty/t ($902-913/t) delivered exw within a week. At the same time, deals were concluded closer to the lower limit of the price range. On the secondary market, rebar were offered and sold at a price of 4.35-4.4 thousand zloty ($924-935/t) exw compared to 4.4 thousand zloty ($935/t) a week earlier.

The real demand for rebar from the end users is very low due to the lack of large projects at the construction stage. This is the reason for the weak activity of these steel products’ buyers.

Rebar prices in Poland are also under pressure from the drop in scrap metal prices in European and other countries.

Market participants expect that domestic rebar prices in Poland will decrease even more in October 2022 – to 4.15-4.25 thousand zloty/t ($881.5-903/t).

As GMK Center reported earlier, due to the slowdown in economic activity in Europe, the increase in imports outside the EU, as well as the rise in gas and electricity prices, many European steel companies have decided to temporarily stop or reduce their capacities. The leading European corporation ArcelorMittal has already stopped or announced the stoppage of about 7 million tons of annual steel production capacity.

At the end of September, ArcelorMittal will shut down BF3 at its plant in Dombrów-Hurnych in Poland at the end of September 2022. The capacity of the furnace is 2.2 million tons per year. The total capacity of the two remaining blast furnaces of the ArcelorMittal plant is 2.3 million tons per year.

  • Global Market

European steel producers call on Brussels to impose duties on scrap exports

Steel producers in the EU are calling for the introduction of duties or restrictions on…

Wednesday June 25, 2025
  • Global Market

France reduced steel production by 20.6% y/y in May

In May 2025, French steel enterprises reduced steel production by 20.6% compared to May 2024,…

Wednesday June 25, 2025
  • Companies

Třinecké železárny produced 2.42 million tons of steel in 2024

In 2024, Czech steel giant Třinecké železárny (TŽ) increased its steel production to 2.425 million…

Wednesday June 25, 2025
  • State

The German government has approved a draft budget with a high level of borrowing

On June 24, the German government approved the draft federal budget for 2025, along with…

Wednesday June 25, 2025
  • Companies

Interpipe supplied premium pipes for gas production in Romania

Ukrainian industrial company Interpipe has supplied premium pump and compressor pipes to Romania. This is…

Wednesday June 25, 2025
  • Global Market

The UK tightens quotas on steel imports from Vietnam, South Korea, and Algeria

The UK plans to introduce tougher-than-expected restrictions on steel imports from Vietnam, South Korea, and…

Wednesday June 25, 2025