Over the past week, official wire rod prices in Turkey have fallen by $10-20/mt amid sluggish demand and weaker import scrap prices.
According to sources, workable wire rod prices in Turkey are at around $575-590/mt ex-works, depending on the region, down by $10/mt over the same period.
One Iskenderun-based mill has issued its wire rod price at $600/mt ex-works today.
Most local buyers are in wait-and-see mode.
Region |
Price ($/mt) |
Price change ($/mt) |
26.11.2024 |
||
Marmara |
590-595 |
-10 |
Thrace |
575-580 |
-20 |
Izmir |
575-580 |
-10 |
Iskenderun |
600 |
-10 |
The above prices, which are on actual weight basis, exclude 20 percent VAT and are on ex-works basis. The offers may differ depending on the buyers and order sizes.
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