SteelOrbis has been informed that rebar prices in the local Bulgarian market stand in the range of BGN 875-855/mt ($625-632/mt) delivered, excluding 20 percent VAT, indicating a decline of BGN 10/mt ($7/mt) over the past month.
Meanwhile, domestic equal angle offers have moved down by BGN 30/mt ($21/mt) over the same period to BGN 1,030-1,050/mt ($736-750/mt) delivered, excluding 20 percent VAT. Wire rod prices in the market can be found at BGN 890/mt ($636/mt) delivered, excluding 20 percent VAT.
On the other hand, wire rod offers to Bulgaria from Turkey and Ukraine are standing at $565/mt FOB and $550/mt FOB, respectively.
$1 = BGN 1.40