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) |
|
26.07.2016 |
|||
Marmara |
415-430 |
0 |
|
Thrace |
400-415 |
0 |
|
Izmir |
405-430 |
0 |
|
Iskenderun |
385-405 |
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 local Turkish wire rod market has remained at low levels, while domestic wire rod prices have moved sideways in the same period. It is believed that domestic wire rod quotations in Turkey may increase in the coming days in parallel with the rises seen in both global billet and Turkish rebar export prices.