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) |
|
Marmara |
350-360 |
↓ |
5 |
Thrace |
335-345 |
↓ |
5 |
Izmir |
340-365 |
↓ |
2.5 |
Iskenderun |
330-340 |
↓ |
7.5 |
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.
This week, demand in the local Turkish wire rod market is still sluggish, while prices have continued to move down over the past week. Domestic wire rod prices had also declined during the previous two weeks due to pressure from buyers, which still continues to be observed.