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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