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 | 355-365 | - | 0 |
Thrace | 340-350 | ↓ | 10 |
Izmir | 345-365 | ↓ | 15 |
Iskenderun | 340-345 | ↓ | 5 |
The above prices, which are on actual weight basis, do not include VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
This week, demand in the local Turkish rebar market has continued to be sluggish. Meanwhile, prices have moved on a downtrend in most regions over the past week due to slack demand and ongoing pressure from buyers.