Over the past month, Bulgarian domestic rebar and wire rod prices have risen by BGN 10-30/mt (€5-15/mt) against the backdrop of the relatively higher import scrap prices for Turkey, while merchant bar and beam prices have followed diverse trends depending on the sizes.
North African rebar and wire rod prices are standing at around $590-605/mt (€563-577/mt) CFR Bulgaria, with freight of around $30-35/mt (€29-33/mt), SteelOrbis has heard.
Local prices for long products in Bulgaria, BGN/mt (€/mt) CPT
Product |
Price, CPT |
Monthly change |
||
BGN/mt |
€/mt |
BGN/mt |
€/mt |
|
1,200-1,220 |
613-624 |
+30/+30 |
+15/+15 |
|
1,230-1,250 |
629-639 |
+10/+10 |
+5/+5 |
|
Merchant bars |
1,330-1,400 |
680-716 |
-10/+20 |
-5/+10 |
1,460-1,600 |
746-818 |
-20/+20 |
-10/+10 |
|
Turkish rebar and wire rod export offers to Bulgaria for January shipment are available at $580-595/mt (€553-567/mt) and $590-605/mt (€563-577/mt) CFR Bulgaria, versus $615-630/mt (€587-601/mt) and $625-640/mt (€596-610/mt) CFR Bulgaria last month, respectively, with the freight rate from Turkey to Bulgaria estimated at around $15-20/mt (€14-19/mt).
€1 = BGN 1.956
$1 = €0.95
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