SteelOrbis has heard that the current offers for 1008 grade 6.5-8 mm wire rod in the local Turkish market are as presented below. End-user anxiety caused by the uncertainty observed in the $/TRY exchange rate has led the wire rod market to continue its softening trend this week.
Region |
Price |
Delivery |
Thrace |
TRY 840-860/mt ($423-432/mt) |
ex-works |
Izmir |
TRY 840-850/mt ($423-427/mt) |
ex-works |
Iskenderun |
TRY 954-964/mt ($480-485/mt) |
ex-works |
Marmara |
TRY 840-860/mt ($423-432/mt) |
ex-works |
The above prices are on actual weight basis. The dollar prices exclude VAT, while the TRY prices include VAT.
US$1 = TRY 1.68541