Local Turkish official wire rod prices mostly soften

Tuesday, 07 January 2025 15:47:10 (GMT+3)   |   Istanbul

Over the past two weeks, official wire rod prices in Turkey have mostly fallen by $5-20/mt, while remaining stable in the Thrace region, amid the ongoing currency fluctuations and sluggish demand.

According to sources, workable wire rod prices in Turkey are at around $565-575/mt, down by $10/mt on the higher end depending on the region.

One Iskenderun-based mill has issued its wire rod price at $580/mt ex-works today, January 7.

Region

Price ($/mt)

Price change ($/mt)

24.12.2024

Marmara

575-580

-5

Thrace

575-580

0

Izmir

565-570

-5

Iskenderun

580

-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 the buyers and order sizes.


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