In the Bulgarian domestic market, a local rebar producer has this week reduced its prices as compared to last week. Prices, which have decreased to the level of BGN 610-630/mt ($404-418/mt) ex-works, excluding VAT and on actual weight basis, have also shown some variance depending on tonnages and payment terms. Meanwhile, lack of demand is still observed in this market.
US$1 = BGN 1.50848