Local Turkish official wire rod prices have mostly increased by $10-20/mt to $670-690/mt ex-works since the beginning of this week amid higher import scrap and billet prices.
Most Turkish mills are offering for late December delivery, while a limited tonnage is available from stocks, depending on the size and quality.
One Iskenderun-based mill has kept its official wire rod price at $670/mt ex-works today.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
28.11.2022 |
||
|
Marmara |
680-685 |
0 |
|
Thrace |
685-690 |
+10 |
|
Izmir |
675-685 |
+20 |
|
Iskenderun |
670 |
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.