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) |
|
|
08.08.2017 |
|||
|
Marmara |
550-560 |
↑ |
10 |
|
Thrace |
535-555 |
↑ |
10 |
|
Izmir |
540-550 |
↑ |
10 |
|
Iskenderun |
555-565 |
↑ |
10 |
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.
It is observed that the local Turkish wire rod market has continued its upward movement during the past week amid the rises recorded in import scrap quotations in Turkey. Market sources report that price increases in the local Turkish wire rod market are becoming more difficult for buyers to accept and with every upward revision of quotations demand weakens further.