Local Turkish official wire rod prices stable, demand sluggish

Wednesday, 24 April 2024 15:25:17 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have mostly kept their official wire rod prices stable, while additional sizeable discounts available for serious buyers.

One Iskenderun-based mill has kept its wire rod price stable at $615/mt ex-works since it increased its price by $5/mt on Wednesday, April 17.

Most market players are in wait-and-see mode ahead of the Turkish central bank's interest rate decision due tomorrow, April 25.

Region

Price ($/mt)

Price change ($/mt)

16.04.2024

Marmara

635-645

0

Thrace

630-640

0

Izmir

610-615

0

Iskenderun

615

+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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
All Articles by the Author

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

Wire Rod

Diameter 5 - 12 mm
 
Tedarikçi KHALIFA STEEL INDUSTRIES WLL
View Offer

Wire Rod

Diameter 5.5 - 16 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Wire Rod

Diameter 6.5 - 60 mm
 
Tedarikçi BRILLIANCE MAHK IMPORT & EXPORT (SHANGHAI) CO., LIMITED
View Offer

Similar articles

Local Turkish wire rod prices mostly increase sharply on November 11

Turkish domestic wire rod prices mostly stable on November 10

Wire rod prices in Turkey's Aegean region increase further on November 4

Turkey's wire rod export growth accelerates to 16.1 percent in January-September 2026

Local Turkish wire rod prices rise amid higher energy prices

Turkey's Icdas raises its longs prices on November 2

Wire rod prices in Turkey's Aegean region increase slightly on November 2

Turkey's Icdas raises longs prices slightly on October 30

Turkish domestic wire rod prices fall amid sluggish demand

Turkey's Icdas cuts its longs prices on October 26