SteelOrbis has been informed that the prices of domestic production medium sized rebar in the local Bulgarian market stand at the level of $536/mt ex-works on actual weight basis, excluding VAT, with 30-day deferred payment. Prices in the local Bulgarian market have shown an increase of $13/mt as compared to last week based on the change seen in the BGN/$ exchange rate, whereas the prices have remained unchanged on Bulgarian leva basis. Some traders in the local Bulgarian rebar market have been selling at price levels below $536/mt due to their expectations of further price decreases.