Local Turkish official wire rod prices follow diverse trends

Friday, 10 January 2025 16:39:26 (GMT+3)   |   Istanbul

Official wire rod prices in Turkey have fallen by $5/mt in the Izmir and Marmara regions, while remaining stable in the rest of the country, compared to Tuesday, January 7, against the backdrop of the ongoing currency fluctuations and weaker import scrap prices.

According to sources, workable wire rod prices in Turkey are at around $560-570/mt, down by $5/mt depending on the region.

One Iskenderun-based mill has issued its wire rod price at $580/mt ex-works today, January 10.

Region

Price ($/mt)

Price change ($/mt)

07.01.2025

Marmara

570-575

-5

Thrace

575-580

0

Izmir

560-565

-5

Iskenderun

580

0

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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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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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