Wire rod prices soften in Bulgarian market amid weak demand

Tuesday, 12 June 2012 10:54:25 (GMT+3)   |  
       

SteelOrbis has learned that in the Bulgarian domestic long steel market producers' mesh and drawing quality wire rod prices have indicated a decrease of BGN 5-20/mt ($3-13/mt) as compared to previous weeks and are currently standing at the range of BGN 1,035-1,040/mt ($663-667/mt) CPT, on actual weight basis, exclusive of 20 percent VAT. However, deals below these prices are also heard to be possible in the market.
 
$1 = BGN 1.56

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