Wire rod prices in Turkish market

Friday, 25 March 2011 16:20:44 (GMT+3)   |  
       

SteelOrbis has learned that the current offers for 1008 grade 6.5-8 mm wire rod in the local Turkish steel market are as follows:

Region

 Price

Thrace

 TRY 1,310-1,320/mt    ($716-722/mt) ex-works

Izmir

 TRY 1,290-1,300/mt    ($705-711/mt) ex-works

Iskenderun

 TRY 1,335-1,344/mt    ($730-735/mt) ex-works

The above prices are on actual weight basis. The dollar prices exclude VAT, while the TRY prices include VAT.

It is reported that in Turkey's Iskenderun region offers below the abovementioned level are also available for large volume orders, while wire rod sales in the Marmara region are closed.

US$1 = TRY 1.55


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