SteelOrbis has learned from market sources that Bulgarian domestic long steel prices have remained unchanged in the past three weeks. Market players state that inventory levels are considerably high and demand is on the low side.
Prices of long steel products in Bulgarian local market are at the following levels:
|
Price (BGN/mt) |
Price ($/mt) |
920-925 |
643-647 |
|
930-935 |
650-654 |
|
Equal angle |
1,050-1,070 |
734-748 |
Flat bar |
1,070-1,080 |
748-769 |
$1= BGN 1.43
Prices are for deliveries to customer and exclude VAT
Rebar and wire rod import offers from Turkey to Bulgaria have decreased by $5/mt since the last month and are now standing at $590/mt CFR and $595/mt CFR respectively. However, ex-Turkey flat bar offers have softened by $30/mt to $640/mt CFR during the given period, while equal angle prices have decreased by $25/mt to $635/mt CFR.
