Local Turkish official wire rod prices stable, discounts possible for serious buyers

Wednesday, 15 May 2024 12:18:17 (GMT+3)   |   Istanbul

Over the past week, most Turkish mills have kept  their official wire rod prices stable, while according to sources the workable wire rod prices are close to  $600-620/mt ex-works for serious buyers only.

One Iskenderun-based mill has kept its wire rod price at $610/mt ex-works.

Kardemir has issued its 6-27 mm SAE 1008-1010 grade steel grade wire rod price at $605/mt ex-works today.

One Iskenderun-based mill is expected to start its maintenance works at the beginning of next week and will most probably complete them by the Feast of Sacrifice holiday.

Region

Price ($/mt)

Price change ($/mt)

07.05.2024

Marmara

630-640

0

Thrace

630-640

0

Izmir

600-605

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.

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.

Similar articles

Ex-Turkey merchant bar prices increase slightly

Turkish mills increase their local rebar prices, spot prices follow

Local Turkish wire rod prices mostly increase sharply on November 11

Iskenderun-based Turkish mill raises its merchant bar price by $10/mt on November 11

Local Turkish domestic dollar-based merchant bar prices trend up on November 10

Turkish domestic wire rod prices mostly stable on November 10

Turkish mills mostly keep dollar-based local rebar prices stable, spot prices revised amid currency fluctuations

Turkish merchant bar export prices soften amid sluggish demand

Turkish mills seek to maintain local dollar-based rebar prices, spot prices rise slightly

Turkey's Kardemir opens rebar sales on Nov 5, closes them after couple of hours