SteelOrbis has been informed by market sources that price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
Region | Price ($/mt) |
Marmara | 597-605 |
Thrace | 589-601 |
Izmir | 586-593 |
Iskenderun | 600-605 |
The above prices, which are on actual weight basis, do not include VAT and are on ex-works basis.
Although local Turkish wire rod market prices have gained stability on the back of the stable trend of the US dollar-Turkish lira exchange at the 2.20 mark and amid unchanged scrap prices, activity has remained on the poor side.
Meanwhile, ex-CIS April production wire rod offers for Turkey stand in the range of $580-590/mt FOB, though no deals have been heard at these levels yet.