Bulgarian rebar prices on upward trend

Thursday, 08 March 2012 13:37:35 (GMT+3)   |  

In the Bulgarian domestic market, rebar prices have increased by BGN 20/mt ($14/mt) as compared to last week and are now at BGN 1,030-1,040/mt ($696-703/mt) CPT on actual weight basis, exclusive of 20 percent VAT.

In the Bulgarian rebar market, demand has risen slightly in line with the improved weather conditions, while mills have also pushed up their quotations in response to increasing raw material and billet prices.

$1 = BGN 1.48


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