Local Turkish wire rod prices fall by $5/mt amid depreciation of Turkish lira

martedì, 24 febbraio 2026 14:39:44 (GMT+3)   |   Istanbul

As of today, February 24, official wire rod prices in Turkey have fallen by $5/mt week on week depending on the region, amid the ongoing depreciation of Turkish lira against US dollar  and sluggish demand.  According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $555/mt ex-works, depending on the tonnage and payment terms. 

According to sources, workable wire rod prices in Turkey have settled at $550-570/mt ex-works, indicating a decrease of $5/mt over the past week.

Most buyers are taking their time for the new purchases and in a wait and see stance.

 

Region

Price ($/mt) Price change ($/mt)
    17.02.2026
Marmara 570-575 -5
Thrace 560-565 -5
Izmir 550-555 -5
Iskenderun 555 -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.


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