Latest situation in local Turkish wire rod market

Tuesday, 18 July 2017 16:49:11 (GMT+3)   |   Istanbul
       

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)

11.07.2017

Marmara

500-520

 

0

Thrace

485-505

 

0

Izmir

490-510

 

0

Iskenderun

490-500

 

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. 

Demand in the local Turkish wire rod market has declined slightly over the past week, while domestic wire rod prices in Turkey have remained unchanged with the influence of the sideways movement seen in import scrap and domestic billet quotations.


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