Demand still better than expected in Bulgarian flat steel market

Monday, 11 February 2013 15:59:09 (GMT+3)   |   Istanbul
Flat steel prices in the Bulgarian domestic market have increased by BGN 10/mt ($7/mt) compared to the end of January. Despite harsh weather conditions, domestic demand has remained at better levels than expected, though market players complain about the lack of big construction projects in the coming months.
 
Current flat steel prices in the Bulgarian domestic market are as follows:
  

Product

Price (BGN/mt)

Price ($/mt)

Hot rolled coil (HRC) S235JR

1,020-1,070

699-733

Hot rolled coil (HRC) S355JR

1,130-1,160

774-795

Heavy plate (HRP) 235JR

1,040-1,060

712-726

Cold rolled coil (CRC) 08KP

1,130

774

Cold rolled coil (CRC) DC01

1,180

808

Hot dip galvanized (HDG) coil of 0.4 mm  thickness

1,430

979

HDG coil of 0.5 mm thickness

1,410

966

HDG coil of 0.6 mm thickness

1,380

945

HDG coil of 0.7 mm thickness

1,350

925

HDG coil of 1.0 mm thickness

1,330

911


All the above prices are for deliveries to customer and exclude 20 percent VAT.
 
In the meantime, depending on the customer's location and payment method, it is reported that discounts of about BGN 20-30/mt ($14-21/mt) are available for certain products.
 
$1 = BGN 1.46

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