The Romanian long steel market has continued to remain quiet amid the extended holiday period following Christmas, with business activity staying very limited over the past weeks. Market participants report that most buyers and even sellers are still absent, resulting in a lack of fresh transactions and largely unchanged price levels. Activity is expected to gradually return next week, once market participants fully resume operations, and prices are likely to take a clearer direction depending on how demand reacts after the long holiday period. The same quiet sentiment has also been observed on the export side. Many European suppliers have not yet fully returned to the market, while several offers have either remained unchanged or been temporarily withdrawn this week.
As a result, the country’s sole rebar producer has continued to quote prices at €570-575/mt ex-works, unchanged from the previous week. Meanwhile, traders have maintained their rebar offers at €580-605/mt ex-warehouse, also stable on a week-on-week basis.
The wire rod segment has followed a similar pattern, remaining largely inactive with stable pricing. Current trader offers are reported at €575-585/mt ex-warehouse, in line with levels seen in recent weeks, as both buyers and sellers await clearer post-holiday market signals.
On the import side, the market has remained equally quiet, particularly with regard to European suppliers, with no new deals or offers reported over the past weeks. According to market sources, Bulgarian suppliers, who had offered rebar at €610-620/mt CPT prior to Christmas, have not issued new quotations so far, though fresh offers are expected to emerge next week. 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, unchanged from the previous week. Meanwhile, Turkish suppliers have increased their quotations by around €5/mt, offering rebar at €495-510/mt CFR, based on an exchange rate of €1 = $1.17 and estimated freight costs of €15-20/mt.
