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) | |
11.10.2016 | |||
Marmara | 415-420 | ↑ | 15 |
Thrace | 400-405 | ↑ | 15 |
Izmir | 405-410 | ↑ | 10 |
Iskenderun | 410-420 | ↑ | 15 |
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.
Although demand in the local Turkish wire rod market is still at low levels, Turkish steel producers have increased their domestic wire rod quotations compared to price levels recorded on October 11, amid the upward movement of import scrap and billet prices during the past two weeks.