Local Turkish wire rod prices revised in Izmir and Iskenderun

Today, January 7, Turkish mills have cut their domestic wire rod prices by $10/mt on US dollar basis in Izmir and the Iskenderun region compared to Wednesday, December 30, amid currency fluctuations. Wire rod prices in the Thrace and Marmara regions have remained unchanged for now. Most mills are offering wire rod mainly for late March delivery. Some wire rod buyers are waiting for the European end-product buyers to return from their holiday before restocking. 

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.