rebar prices - Latest news GMK Center

Both prices and sales volumes are decreasing on the rebar market

In most world markets, except for the European one, prices for rebar are increasing at the beginning of March 2023

5 million tons of steel will be needed to rebuild the regions affected by the earthquake

Producers of long rolled steel have stopped accepting orders for rebar from traders

European producers have not managed to increase prices, and the Asian market is defined with trends

Rebar quotations in Turkiye rose by 2.1% in early January, and in China – by 1.4%

The increase in the cost of raw materials, high energy prices and a decrease in business activity will have a negative impact on the steel market

European producers are trying to push the market, and export prices have increased in Turkiye

Italian producers raise prices, and Turkish producers are forced to lower quotations

Quotations of rebar in Turkiye last week fell by 3.6%, in Italy – by 5.5%, in China – by 2.6%

Currently, there is no optimism about the recovery of demand at the end of 2022 or in the first months of 2023

For the week of September 9-16, 2022, rebar prices in Poland decreased by $11, to $889-910/t