This week, Romanian rebar prices have remained stable as the country’s sole domestic producer and local traders have maintained their offers. In contrast, the wire rod segment has experienced a slight softening, reflecting slower demand. The ongoing vacation period in Romania, combined with generally subdued activity across the EU, has kept the market quiet. However, with September approaching and the new quota period on the horizon, some interest and unconfirmed deals have emerged this week, particularly involving Romanian buyers sourcing from Turkey.
In the domestic market, ex-works offers from the sole rebar producer have held firm at €585-590/mt, while retail prices across Romania have remained unchanged, at €580-595/mt ex-warehouse.
Conversely, wire rod traders, responding to softer demand, have slightly reduced offers to €575-585/mt ex-warehouse, down from €580-590/mt reported in the previous week.
In the import market, activity has begun to increase as the new EU quota period approaches and the summer vacation period concludes. According to market sources, Romanian buyers have expressed interest in rebar and wire rod from Turkey, with indicative levels of $530-545/mt FOB, although purchases remain unconfirmed. Turkish mills currently quote export offers at $535-550/mt FOB, which, at an exchange rate of €1 = $1.16, correspond to €475-490/mt CFR for delivery to Romania, in line with the previous week. Other non-EU suppliers, such as Egypt, have maintained stable offers for October shipments, with rebar priced at €485-490/mt CFR and wire rod at €495-500/mt CFR. Within the EU, Bulgaria has slightly reduced offers to €595-605/mt CPT, down from €600-610/mt CPT, for September-October shipments. Additionally, Moldova has entered the market this week, offering rebar at €590-600/mt CPT.
