Local Turkish wire rod prices increase significantly

Wednesday, 30 December 2020 16:46:41 (GMT+3)   |   Istanbul
       

Today, December 30, Turkish domestic wire rod prices have increased by $15-25/mt on US dollar basis compared to Monday December 21, amid the positive sentiment in the scrap segment and currency fluctuations. Most mills are offering wire rod mainly for late March delivery. Most buyers are postponing new purchases due to the holiday season.

Region

Price ($/mt)

Price change ($/mt)

21.12.2020

Marmara

740-745

+15

Thrace

745-750

+30

Izmir

740-745

+25

Iskenderun

770-775

+25

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.


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