Turkish suppliers have mostly kept their wire rod prices stable and a few suppliers have stoped quoting for fresh production as they are currently monitoring the raw material segment for November delivery pricing.
According to sources, special discounts are applicable for serious buyers. In the Thrace region, official wire rod prices have fallen by $20/mt as the week begins in order to fit in with the general wire rod price range in the country. Most suppliers have already started to quote for November delivery, while limited tonnage is still available either from stock or for late October delivery.
One Iskenderun-based mill has kept its wire rod price at $750/mt since Wednesday, September 8, for November delivery. The wire rod buyers are struggling to find some sizes as most Turkish mills are handling deliveries of their previous export bookings, and this helps the wire rod market remain stronger than the rebar market for now.
Region |
Price ($/mt) |
Price change ($/mt) |
09.09.2021 |
||
Marmara |
780-785 |
0 |
Thrace |
775-780 |
-20 |
Izmir |
740-750 |
0 |
Iskenderun |
750 |
0 |
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.