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) | |
18.04.2016 | |||
Marmara | 490-500 | 0 | |
Thrace | 475-485 | 0 | |
Izmir | 480-490 | 0 | |
Iskenderun | 470-490 | 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.
Buyers in the local Turkish wire rod market are still concluding purchases only in line with their needs, and so demand in the market has failed to improve during the past week. Meanwhile, the order books of Turkish wire rod mills are mostly full for April and May, while their domestic wire rod offers have remained stable against the backdrop of weaker demand.