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) |
|
12.09.2017 |
|||
Marmara |
580-590 |
0 |
|
Thrace |
565-575 |
0 |
|
Izmir |
570-580 |
0 |
|
Iskenderun |
580-590 |
0 |
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.
Despite the declines recorded in import scrap prices in Turkey last week, Turkish wire rod producers have kept their domestic prices unchanged week on week with the support of the sideways movement of billet prices in Turkey. Meanwhile, buyers consider the future trend of the market to be uncertain and are concluding wire rod purchases only in line with their needs.