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) |
|
05.12.2017 |
|||
Marmara |
590-610 |
↑ |
5 |
Thrace |
585-595 |
↑ |
10 |
Izmir |
590-600 |
↑ |
10 |
Iskenderun |
585-595 |
↑ |
5 |
Besides the good levels of demand in the local Turkish wire rod market, Turkish wire rod mills are also doing well in terms of sales to the export markets. Additionally, supported by the current high levels of import scrap quotations, Turkish steel mills have once again increased their domestic wire rod offers week on week, following the upward price revision they made last week.