Local Turkish wire rod prices mostly increase amid higher rebar prices

Tuesday, 04 August 2026 15:27:40 (GMT+3)   |   Istanbul

As of today, August 4, official wire rod prices in Turkey have mostly risen by $5/mt except in the Iskenderun region where wire rod prices have remained unchanged, amid ongoing currency fluctuations and the upward trend of local rebar prices in line with high production cost. 

According to sources, one Iskenderun-based mill is reported to be still testing a wire rod price of $585/mt ex-works, stable compared to a week ago, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey are standing at $585-590/mt ex-works, up by $5/mt on the lower end over the past week. Sources report $595-600/mt ex-works still seems a bit high under the current market conditions. Most local buyers are refraining from new purchases due to the unclear financial situation in the country.

 

Region

Price ($/mt) Price change ($/mt)
    28.07.2026
Marmara 595-600 +5
Thrace 590-595 +5
Izmir 585-590 +5
Iskenderun 585 0

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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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