Over the past month, local Bulgarian longs prices have mostly risen by BGN 20-30/mt (€10-15/mt), while merchant bar and beam prices have fallen by BGN 20-50/mt (€10-26/mt). Local Bulgarian longs demand is reported to be relatively low, while stocks are at medium levels.
In the import segment, ex-Turkey rebar and wire rod offers are at $560/mt FOB and $575-580/mt FOB respectively, versus $570-580/mt FOB and $590/mt FOB a month ago, which equals to around $575/mt and $590-595/mt CFR Bulgaria. The average freight is around $15/mt (€14/mt) for Turkey.
In addition, ex-Turkey merchant bar offers are at around $645-670/mt (€613-636/mt) CFR Bulgaria, versus $640-670/mt (€600-628/mt) CFR Bulgaria last month.
In the beam segment, ex-Turkey beam prices are at $779/mt (€740/mt) CFR Bulgaria and ex-Spain material is available at €740-780/mt CIF. Ex-Romania beam prices are standing at €740/mt CPT, down €10/mt over the past month. Moreover, beams from Poland are available at €730-750/mt, versus €820/mt CPT a month ago.
In the export market, Bulgaria’s export rebar offers are standing at €610-620/mt CPT to Romania.
Local prices for long products in Bulgaria, BGN/mt (€/mt) CPT
Product |
Price, CPT |
Monthly change |
||
BGN/mt |
€/mt |
BGN/mt |
€/mt |
|
1,220-1,230 |
624-629 |
+20 |
+10 |
|
1,250-1,260 |
639-644 |
+30 |
+15 |
|
Merchant bars |
1,480-1,500 |
757-767 |
-20 |
-10 |
1,680-1,750 |
859-895 |
-20/-50 |
-10/-26 |
|
€1 = BGN 1.956
$1 = €0.95
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