Local Turkish wire rod prices increase after holiday

Tuesday, 24 March 2026 16:50:18 (GMT+3)   |   Istanbul

As of today, March 24, official wire rod prices in Turkey have increased by $25/mt depending on the region as compared to March 10, against the backdrop of higher production costs, in particular higher import scrap and billet prices.  According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $595/mt ex-works, up by $25/mt over the same period, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey have settled at $585-600/mt ex-works, also up by $20/mt over the same period.

Most buyers are just purchasing in line with their daily needs.

 

Region

Price ($/mt) Price change ($/mt)
    10.03.2026
Marmara 605-610 +25
Thrace 600-605 +25
Izmir 590-595 +25
Iskenderun 595 +25

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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