The Romanian long steel market has entered an extended Christmas holiday period, expected to last until January 8, resulting in very limited business activity. With the market in a holiday lull and the majority of producers and traders temporarily inactive, no changes have been observed in offer levels, and prices have remained stable over the past week on both the sole domestic rebar producer side and among traders. A similar trend has been seen in the import segment, while the broader EU market has also remained subdued, contributing to largely unchanged offer levels.
In the domestic market, the country’s sole rebar producer has continued to quote offers at €570-575/mt ex-works, in line with previous levels. At the retail level, traders have maintained quotations at €580-605/mt ex-warehouse, unchanged from last week.
The wire rod segment has likewise remained quiet, with market fundamentals showing little change. Current trader offers are reported at €575-585/mt ex-warehouse, matching levels seen a week earlier.
On the import side, subdued buying interest from Romanian customers and unchanged offers from EU suppliers have resulted in limited trading activity. According to market sources, Bulgarian suppliers have maintained their rebar offers at €610-620/mt CPT, while Moldovan producers have remained absent from the market, with no offers reported.
Among non-EU suppliers, Egyptian mills have kept their rebar offers at €490-495/mt CFR and wire rod offers at €495-500/mt CFR, in line with the previous week. Turkish suppliers have also rolled over their quotations, continuing to offer material at €490-505/mt CFR, based on an exchange rate of €1=$1.18 and estimated freight costs of €15-20/mt.
