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) | |
21.06.2016 | |||
Marmara | 420-450 | ↔ | 0 |
Thrace | 410-430 | ↔ | 0 |
Izmir | 420-440 | ↔ | 0 |
Iskenderun | 400-420 | ↔ | 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 remained sluggish during the past week, while domestic wire rod prices have remained stable in the same period. Market sources are expecting an improvement in demand in the local Turkish market after Ramadan, while they also believe transaction activity in the market will remain at low levels until the end of Ramadan.