Prices levels in Turkish wire rod market

Wednesday, 08 May 2013 17:47:57 (GMT+3)   |   Istanbul

Price levels in the Turkish domestic market for 6.5-8 mm mesh quality wire rod are as follows:

Region

Price ($/mt)

Marmara

590-610

Thrace          

590-610

Izmir

590-600

Iskenderun

595-610

The above prices, which are on actual weight basis, do not include VAT and are on ex-works basis, while it is possible to hear offers below the abovementioned prices for real buyers.

Wire rod prices in the Turkish domestic market are in the range of $590-610/mt ex-works, while demand is low and thus offer levels may indicate some softening. Market sources state that mills have been selling low volumes of wire rod in line with the needs of customers in their local regions.

Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.   


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