SteelOrbis has learned that in the Bulgarian domestic market angle prices are standing at BGN 1,150/mt ($777/mt) CPT, while flat bar prices are at BGN 1,180-1,200/mt ($797-811/mt) CPT. These prices, which have remained unchanged as compared to last week, are on actual weight basis and exclude 20 percent VAT.
In the Bulgarian domestic market, mills will likely raise their merchant bar prices in response to increasing raw material and rebar prices.
$1 = BGN 1.48