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) |
|
26.04.2016 |
|||
Marmara |
540-560 |
↔ |
0 |
Thrace |
520-530 |
↔ |
0 |
Izmir |
520-550 |
↔ |
0 |
Iskenderun |
500-520 |
↔ |
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.
During the past week, demand in the Turkish domestic wire rod market has declined and is now at low levels, while domestic wire rod prices have remained unchanged in the same period. Market sources believe the upward movement of domestic wire rod prices has not come to a halt and that the increases in prices will resume in the coming days.