Today, February 17, Turkish wire rod producers have increased their domestic list prices by $5-22.5/mt compared to Friday, February 12, amid currency fluctuations and stronger scrap prices. Most Turkish mills are offering wire rod for April-early May delivery. Most wire rod buyers are in wait-and-see mode due to the Turkish Central Bank’s interest rate decision expected tomorrow.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
12.02.2021 |
||
|
Marmara |
700-705 |
+5 |
|
Thrace |
710-715 |
+15 |
|
Izmir |
700-710 |
+22,5 |
|
Iskenderun |
710-720 |
+17,5 |
The above prices, which are on actual weight basis, exclude 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.