In the local Bulgarian market, flat steel prices have remained stable over the past two weeks. Traders are giving unchanged offers to the market since they have high stocks of materials previously purchased at lower prices.
Although global hot rolled coil (HRC) prices are on the rise, this increase movement has not been felt in the Bulgarian domestic market yet amid high inventory levels.
Current prices are as follows:
Product | Price (BGN/mt) CPT | Price ($/mt) |
HRC 08KP | 990 | 643 |
HRC 235JR 2-8 mm | 1,010-1,020 | 656-662 |
HRC S355JR | 1,170 | 760 |
CRC 08KP | 1,140 | 740 |
CRC DC01 | 1,190 | 773 |
HDG 0.4 mm | 1,430 | 929 |
HDG, 0,5 mm | 1,400 | 909 |
HDG 0,6 mm | 1,390 | 903 |
HDG 1 mm | 1,340 | 870 |
Discounts of up to BGN 20-30/mt ($13-19/mt) are available in the market, depending on buyers' location and on payment terms.
All the above prices exclude 20 percent VAT.
$1 = BGN 1.54