POLAND REBAR: Prices stabilize, but mills eye post-summer increases

Domestic prices for steel rebar in Poland were broadly stable over the past week, supported by costlier scrap, a lack of competitive import offers and limited availability, market sources told Fastmarkets on Friday August 14.

At the same time, buying activity in the Polish rebar market receded amid the traditional summer slowdown, sources added.
"Demand is weaker; cut-and-bend shops lack orders," a trader said.
"Construction is cooling down but not so much - usual August thing," a second trader said.
Despite this, steel rebar prices were stable over the past seven days due to higher scrap prices, lower availability and lack of competitive offers from overseas suppliers.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, ex-works Poland, was at 1,900-1,940 zloty ($510-521) per tonne on Friday, unchanged from a week earlier....

Silver outperformance driven by weak supply growth

Supply data still points to major silver deficit this year

Canada second most significant player in global mining M&A

Plenty of potential for continued rotation out of tech

Platinum to palladium ratio low, platinum to gold high, versus history