SteelOrbis has learned from market sources that Bulgarian domestic long steel prices have followed an uptrend in the past two weeks, with varying price increase margins depending on the product. Market players state that the higher prices have not gained full acceptance in the market and that buyers rather prefer to limit their purchases in line with their urgent needs.
Prices of long steel products in the local Bulgarian market are at the following levels:
|
Price (BGN/mt) |
Price ($/mt) |
Change in past two weeks (BGN/mt) |
905-915 |
612-618 |
+5 |
|
935-945 |
632-639 |
+5-10 |
|
Equal angle |
1,050-1,090 |
710-737 |
+20 |
Flat bar |
1,070-1,120 |
723-757 |
+40 |
Prices are for deliveries to customer and exclude VAT.
As for the import side, Turkish long steel offers to Bulgaria for rebar, wire rod, flat bar and equal angle are respectively standing at $595/mt CFR, $600/mt CFR, $670-700/mt CFR and $660-690/mt CFR.
$1 = BGN 1.48