SteelOrbis has been informed that the price level of 5.5-16 mm drawing quality wire rod in Turkey's Aegean region is at $700/mt + VAT, delivered to Istanbul for cash payment, while the price level of 5.5-16 mm 20MnB4 grade wire rod stands at $850/mt + VAT, also delivered to Istanbul for cash payment.
Prices have indicated a decrease of $30/mt as compared to the previous price update on February 27.