Over the past week, Turkish mills have mostly kept their official wire rod prices stable except in the Iskenderun region where prices rose by only $5/mt, for extended delivery periods against the backdrop of firm import scrap prices. Additional discounts are applicable for cash payment and serious buyers only.
One Iskenderun-based mill has issued its wire rod price at $610/mt ex-works. According to sources, the workable wire rod prices are around $595-620/mt ex-works.
Most buyers are postponing their purchases until after the Feast of Sacrifice holiday.
Region |
Price ($/mt) |
Price change ($/mt) |
04.06.2024 |
||
Marmara |
620-630 |
0 |
Thrace |
630-640 |
0 |
Izmir |
595-600 |
0 |
Iskenderun |
610 |
+5 |
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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