Local Turkish official wire rod prices move sideways

Tuesday, 06 February 2024 14:13:35 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their official wire rod prices at unchanged levels amid stable import scrap prices. Sources report that a few mills are applying aggressive pricing policies to generate sales and that additional discounts are available to serious buyers.

One Iskenderun-based mill has kept its wire rod price stable at $650/mt ex-works today, SteelOrbis has heard.

Kardemir is still offering its 6-27 mm SAE 1008-1010 wire rod at $645/mt ex-works today, stable compared to Wednesday, January 10.

Region 

Price ($/mt) 

Price change ($/mt) 

30.01.2024 

Marmara 

655-665 

0

Thrace 

645-650 

0

Izmir 

635-640 

0 

Iskenderun 

650 

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.

Marketplace Offers

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