As of today, March 10, official wire rod prices in Turkey have increased by $5/mt depending on the region as compared to March 4, amid higher production costs, in particular the positive sentiments in the import scrap and billet segments. According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $570/mt ex-works, up by $5/mt over the same period, depending on the tonnage and payment terms.
According to sources, workable wire rod prices in Turkey have settled at $565-580/mt ex-works, also up by $5/mt over the same period.
The general sentiment on the demand side is negative and most buyers are in wait-and-see mode ahead of the Turkish Central Bank's interest rate decision due on Thursday, March 12.
Region |
Price ($/mt) | Price change ($/mt) |
| 04.03.2026 | ||
| Marmara | 580-585 | +5 |
| Thrace | 575-580 | +5 |
| Izmir | 565-570 | +5 |
| Iskenderun | 570 | +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.
.jpeg)