Wire rod prices in Turkey have risen by $5-10/mt over the past week due to the firm import scrap prices and ongoing export deliveries.
An Iskenderun-based mill has returned to the market. Currently, Turkish mills are mainly offering for December delivery. In addition, limited availability of sizes remains a long-standing issue for wire rod buyers.
Currently, the local offers for 6-7 mm mesh quality wire rod are as follows:
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
13.10.2020 |
||
|
Marmara |
525-530 |
+5 |
|
Thrace |
525-530 |
+10 |
|
Izmir |
515-520 |
+5 |
|
Iskenderun |
525-530 |
+10 |
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.