Over the past week, Turkish mills have kept their official wire rod prices unchanged amid sluggish demand and are monitoring the import scrap price trend. Additional discounts are applicable for cash payment and serious buyers only.
One Iskenderun-based mill has kept its wire rod price unchanged at $610/mt ex-works. Generally, most local buyers are exerting pressure for further discounts, while purchasing only in line with their daily needs. Sources report the workable wire rod prices are around $595-625/mt ex-works.
Region |
Price ($/mt) |
Price change ($/mt) |
21.05.2024 |
||
Marmara |
625-635 |
0 |
Thrace |
630-640 |
0 |
Izmir |
595-600 |
0 |
Iskenderun |
610 |
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.
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