Turkish mills have mostly cut their wire rod prices by $10-40/mt compared to the end of last week. Kardemir announced its 6-27 mm wire rod price at $685/mt ex-works on Thursday, April 27, and has kept its wire rod price stable since then. Icdas reduced its official wire rod price by $40/mt to $670/mt ex-works yesterday. An Iskenderun-based mill has issued its official wire rod price today at $700/mt ex-works, rising by $10/mt over the same period. Sources report that most buyers are monitoring import scrap prices and purchasing in line with their daily needs for now.
Most suppliers are offering for May delivery, while a limited tonnage is available from stocks.
Region |
Price ($/mt) |
Price change ($/mt) |
28.04.2023 |
||
Marmara |
695-700 |
-10 |
Thrace |
665-670 |
-40 |
Izmir |
670 |
- |
Iskenderun |
700 |
+10 |
The above prices, which are on actual weight basis, exclude 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.