SteelOrbis has learned that Isdemir has today announced that its 5.5 mm drawing quality wire rod price stands at $1,330/mt ex-works, excluding VAT and effective immediately. The price in question has increased by $75/mt compared to the past week's level of $1,255/mt ex-works excluding VAT. It is expected that the producer may follow the upward price trend in the local market and further increase its prices.
Meanwhile, Isdemir's other wire rod prices are as follows:
Product | Size | Price |
SG2 | 5.5-6 mm | $1,490/mt + VAT |
S1 | 5.5 mm | $1,380/mt + VAT |
Mesh | 5.5 mm | $1,310/mt + VAT |
SAE 1045-1080 | 5.5 mm | $1,400/mt + VAT |