In the Romanian domestic market medium sized rebar offers are standing at around the level of RON 1,450/mt ($488/mt) ex-works, excluding VAT, on actual weight basis. Different price levels may be heard in the Romanian market for the time being depending on payment terms and tonnages. It is heard that the Romanian producers have been decreasing their price levels against the softening in import prices. However, in spite of these price declines, demand is at low levels in this country.
US$1 = RON 2.97