Latest situation in local Turkish wire rod market

Tuesday, 12 April 2016 14:12:55 (GMT+3)   |   Istanbul
       

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)

05.04.2016

Marmara

480-490

30

Thrace

470-480

30

Izmir

475-490

50

Iskenderun

470-490

35

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.
 
Demand in the Turkish domestic wire rod market has remained at medium levels during the past week, while prices have increased further in the same period against the backdrop of the ongoing rises seen in global billet quotations.


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