The Romanian long steel market has remained stable again this week, with both rebar and wire rod prices showing no major changes. Market participants describe overall activity as quiet, with limited sales amid weak demand and ongoing liquidity constraints. Most traders and the domestic producer have kept their offers unchanged, citing stable costs and a lack of market drivers for any revisions. Despite price stability, sentiment remains cautious, as financial strain, project delays and slow payments continue to limit buying interest. Sources note that the market currently reflects stagnation rather than a recovery, with little sign of an improvement in the coming weeks.
In the domestic market, rebar prices have stayed firm at €550-555/mt ex-works, as the country’s sole producer has maintained its existing offer levels. Spot traders have likewise kept prices stable, quoting at €555-565/mt ex-warehouse, similar to last week. A few distributors have continued to provide minor discounts to stimulate sales, with prices occasionally heard at around €540-545/mt ex-warehouse, particularly for larger orders.
The wire rod market has followed a similar trend, with trading volumes remaining low and prices unchanged over the past week. Offers have remained stable at €560-570/mt ex-warehouse, reflecting the ongoing weakness in both demand and liquidity.
On the import side, the market has shown a comparable weakness. While some Romanian buyers continue to purchase small or medium-sized lots to replenish inventories, overall import activity remains slow. Stable offer levels from external suppliers in recent weeks, combined with weak domestic conditions, have further limited trading interest and kept market dynamics muted. According to market sources, EU suppliers have maintained stable pricing, with the Bulgarian mill offering rebar at €570-580/mt CPT and the Moldovan supplier keeping levels at around €550/mt CPT, unchanged from last week. Among non-EU suppliers, Egyptian mills have kept their rebar offers at €485-490/mt CFR and their wire rod offers at €495-500/mt CFR. Turkish suppliers have applied minor reductions of about €5/mt over the past week, mainly due to exchange rate movements, with current offers at €485-500/mt CFR, based on an exchange rate of €1 = $1.16 and freight costs of €15-20/mt.