Local Turkish wire rod prices increase only slightly

While import scrap provides support for uptrend in the wire rod market in Turkey, sluggish demand prevented significant increase in wire rod prices.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 5.87
Scrap HMS I/II 80:20, CFR Turkey, $/mt 1.75
Billet FOB CIS, $/mt 2.41
Rebar FOB Turkey, $/mt 1.23
HRC FOB China, $/mt 4.6
Wire Rod FOB China, $/mt 1.1
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey 1.78
Billets FOB Black Sea -2.08
Rebar FOB Turkey 1.23
Scrap HMS I/II 80:20 CFR Turkey 1.75
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 1.76
Turkish Scrap Index 1.53
China rebar export index 0
China wire rod domestic market index 0.49
Click to see full list
USA Scrap Export January - December 2019 / mton
Turkey 3,915,625
Taiwan 1,881,751
Canada 1,725,713
Mexico 1,455,900
Vietnam 1,271,173
Click to see full list

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