SteelOrbis has been informed by market sources that local producers’ price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
|
17.04.2018 |
|||
|
Marmara |
630-640 |
↓ |
20 |
|
Thrace |
625-630 |
↓ |
20 |
|
Izmir |
620-630 |
↓ |
20 |
|
Iskenderun |
620-630 |
↓ |
10 |
The above prices, which are on actual weight basis, exclude VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
Domestic wire rod prices in Turkey have declined in line with the expectations of a fall in quotations which surfaced after the decrease seen in import scrap and billet prices in Turkey. Market sources state that, in addition to lower raw material quotations, the downtrend of domestic wire rod prices in Turkey has been due to the weakness of demand.