Flat steel prices stable in Bulgaria

Friday, 18 January 2013 16:21:19 (GMT+3)   |   Istanbul
       

Flat steel prices in the Bulgarian domestic market have remained unchanged since last week. Market players state that flat steel import offers to Bulgaria have increased in line with the uptrend seen in global markets. However, these higher import offers have failed to gain acceptance among Bulgarian buyers amid low demand due to unfavorable winter conditions. It is thought that demand may become even lower if domestic flat steel prices follow the uptrend seen in import prices.

Accordingly, current flat steel prices in the Bulgarian domestic market are as follows:

ProductPrice (BGN/mt)Price ($/mt)
Hot rolled coil (HRC) 08KP990673
Hot rolled coil (HRC) 235JR 2-8 mm1,020-1,050694-714
Hot rolled coil (HRC) 235JR >8 mm1,050-1,070714-728
Hot rolled coil (HRC) S355JR 1,170796
Hot rolled sheet (HRS) S355JR1,190810
Cold rolled coil (CRC) 08KP1,140776
Cold rolled coil (CRC) DC011,180803
Hot dip galvanized (HDG) coil of 0.4 mm  thickness1,450986
HDG coil of 0.5 mm thickness1,400952
HDG coil of 0.6 mm thickness1,390946
HDG coil of 0.7 mm thickness1,350918
HDG coil of 1.0 mm thickness1,340912

All the above prices are for deliveries to customer and exclude 20 percent VAT.
 
In the meantime, depending on the customers' location and payment method, it is reported that discounts of about BGN 20-30/mt ($13-20/mt) are still available for certain products.
 
$1 = BGN 1.47


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