Local Turkish official wire rod prices follow diverse trends

Wednesday, 27 December 2023 13:22:50 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their offical wire rod prices stable in the Marmara and Thrace regions, while wire rod prices in the Iskenderun and Izmir regions have fallen by $20-30/mt amid the ongoing currency fluctuations and sluggish demand. Additional discounts are applicable for serious buyers.

An Iskenderun-based mill has cut its official wire rod price by $10/mt to $620/mt ex-works, compared to Friday, December 22.

Kardemir has issued its price for 6-27 mm SAE 1008-1010 wire rod at $635/mt ex-works today, December 27, stable compared to last week.

Region  

Price ($/mt)  

Price change ($/mt)  

19.12.2023  

Marmara  

645-650  

0  

Thrace  

635-640  

0  

Izmir  

605-610  

-30 

Iskenderun  

620  

-20  

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 buyers and order sizes.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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