Turkish mills have mainly raised their official wire rod prices by $5-20/mt amid the positive sentiment in the import scrap segment and currency fluctuations. Kardemir’s 6-27 mm wire rod sales price stands at $585/mt ex-works today.
An Iskenderun-based mill issued its official wire rod price at TRY 15,500/mt ($573/mt) ex-works yesterday. One Marmara-based mill raised its wire rod price by $5/mt. The exchange rate is taken as $1 = TRY 27.06 for today's pricing in the Iskenderun region as no other exchange rate has been specified locally.
Region |
Price ($/mt) |
Price change ($/mt) |
08.08.2023 |
||
Marmara |
600-605 |
+5 |
Thrace |
595-600 |
+20 |
Izmir |
580-585 |
+15 |
Iskenderun |
573 |
-1 |
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.
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