SteelOrbis has been informed that the price level of medium size rebar in the Bulgarian domestic market stands at the level of €710-740/mt ex-warehouse on actual weight basis, excluding VAT, with 30-day deferred payment.
Coming close to the end of the holiday period, it is observed that rebar prices have this week declined further. While the demand level in the local Bulgarian rebar market is satisfactory; due to high stock levels traders are not hurrying to respond to the rebar offers given from Turkey and Ukraine.
€1 = US$1.473