SteelOrbis has been informed by market sources that local producers' price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
Region | Price ($/mt) | Price change ($/mt) | |
09.05.2017 | |||
Marmara | 490-510 | 0 | |
Thrace | 485-495 | ↑ | 10 |
Izmir | 490-500 | ↑ | 10 |
Iskenderun | 490-495 | ↑ | 7.5 |
The above prices, which are on actual weight basis, exclude VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
In parallel with the acceleration of construction projects in Turkey, buyers in the local Turkish wire rod market have stepped up their purchases over the past week. Against the backdrop of increases seen in billet and rebar prices in Turkey amid increased trading activity and tight supply, domestic wire rod quotations have mostly moved up slightly during the past week, except in the Istanbul region where quotations have remained stable.