Local Turkish wire rod prices rise amid costlier energy expectations

Tuesday, 21 July 2026 17:00:40 (GMT+3)   |   Istanbul

As of today, July 21, official wire rod prices in Turkey have risen by $5/mt week on week amid ongoing currency fluctuations and increases in energy prices, in Brent oil prices specifically, since estimated oil shipments from the Persian Gulf have fallen below 45 percent of pre-war levels. This decline in oil flows has reignited supply concerns and driven up Brent crude prices.

According to sources, one Iskenderun-based mill is reported to be testing a wire rod price of $585/mt ex-works, up by $5/mt over the same period, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey are standing at $580-590/mt ex-works, up by $5/mt over the past week.

 

Region

Price ($/mt) Price change ($/mt)
    14.07.2026
Marmara 590-595 +5
Thrace 585-590 +5
Izmir 580-585 +5
Iskenderun 585 +5

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
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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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