PRICING NOTICE: Launch of Poland domestic steel wire rod assessment Fastmarkets today, Friday March 12, launches a weekly price assessment for drawing-quality steel wire rod for the Polish domestic market. Following a month-long consultation period, Fastmarkets has launched a weekly steel wire rod (drawing quality), domestic, delivered Poland, zloty/tonne price assessment.
The Polish market plays an important role as both an importer and exporter due to its central location in Europe, neighboring the key German market while also serving as a price indicator for much of Eastern Europe.
Poland has two major wire rod producers, ArcelorMittal Sosnowiec and CMC Zawiercie, with a total nameplate capacity of 1.3 million tonnes per year.