Local Bulgarian longs market prices have increased by BGN 20-100/mt (€10-51/mt) over the past month, taking into account strong scrap prices and overall higher production costs across the EU. Currently, a few local rebar suppliers are offering at slightly lower than retail prices for early December deliveries to generate sales. “Most buyers are refraining from new purchases amid the approach of the winter season and the construction sector is expected to slow down,” a source mentioned.
In the import segment, ex-Turkey merchant bar offers are available at €735-755/mt CIF, while beam offers are standing at €735-850/mt CIF depending on the size, both for December shipment. In addition, ex-Italy and ex-Spain beam prices are available at €725/mt CIF for December shipment.
Local prices for long products in Bulgaria, BGN/mt (€/mt) CPT
|
Product |
Price, CPT |
Monthly change |
||
|
BGN/mt |
€/mt |
BGN/mt |
€/mt |
|
|
1,550-1,570 |
792-803 |
+90 |
+46 |
|
|
1,600-1,650 |
818-844 |
+60-100 |
+31-51 |
|
|
Merchant bars |
1,600-1,650 |
818-844 |
+50 |
+26 |
|
1,920-1,970 |
982-1007 |
+20-70 |
+10-36 |
|
€1 = BGN 1.956