Romanian long steel prices have remained stable over the past week, with both the sole domestic rebar producer and long steel spot traders keeping their official offer levels unchanged. However, market conditions remain challenging, as financial constraints continue to limit effective purchasing activity. While some underlying demand appears to exist, many buyers are reluctant to make advance or prompt payments and instead are seeking longer payment terms, reflecting the tight liquidity in the market. In other words, there may be interest from buyers, but the lack of available cash and financing makes it difficult to conclude transactions. This situation continues to exert downward pressure despite the stable official prices, and sellers are still granting discounts to serious buyers and for larger-volume orders in order to secure sales.
According to reports, the sole domestic rebar producer has continued to quote prices at €600-610/mt ex-works, unchanged week on week. In the spot segment, rebar levels are still heard at €590-600/mt ex-warehouse, broadly in line with previous indications.
In the wire rod segment, traders are also maintaining quotations at €585-590/mt ex-warehouse, showing no noticeable week-on-week variation.
Meanwhile, the import market has remained largely quiet, as Romanian buyers have shown limited interest in restocking due to adequate inventories and slow domestic demand. Purchasing activity has therefore stayed minimal, with most offer levels unchanged. According to sources, only the Bulgarian supplier has slightly reduced its rebar offers to €605-615/mt CPT, compared to €610-620/mt CPT previously. Hungarian offers have remained stable at €625-630/mt CPT week on week. Among non-EU suppliers, Egyptian offers have remained unchanged at €485-490/mt CFR for rebar and €495-500/mt CFR for wire rod. Turkish suppliers’ rebar offers have also remained stable at €475-485/mt CFR, based on an exchange rate of €1 = $1.18 and estimated freight costs of €15-20/mt.
