POLAND REBAR: Prices increase as zloty loses value against euro

摘要

Rebar prices in Poland have started to increase despite flat scrap values because the Polish zloty has lost ground against the euro, sources told Fastmarkets on Friday March 20. Trading in the Polish rebar markets was relatively active this week. Distributors and prefabricators were building up stocks to secure rebar availability in the event of production disruptions related to the 2019-nCoV coronavirus pandemic. “Demand is good but it is only due to the threat of an economic lockdown,” one trader said. “Distributors want to secure material for stock in case we have transportation problems and mill stoppages such as in Italy and the rest of the EU.”