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) | |
| 06.09.2016 | |||
| Marmara | 415-430 | 0 | |
| Thrace | 400-415 | 0 | |
| Izmir | 405-430 | 0 | |
| Iskenderun | 400-420 | 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.
Although trading activity in the local Turkish wire rod market was expected to recover slightly after the Feast of Sacrifice holiday, demand has showed no recovery yet and it is still at weak levels. Despite the softening of domestic rebar prices after the Feast of Sacrifice holiday, after remaining stable since the beginning of September and despite the weakness of wire rod demand, domestic wire rod prices in Turkey have remained stable during the past two weeks, due to the tightness of supplies resulting from the ongoing maintenance work of a wire rod producer’s production line in Marmara region and since a steel producer in Iskenderun region will start maintenance work on its production line on October.