Today, December 2, Turkish mills have mostly increased their domestic wire rod prices by $5-10/mt compared to Friday, November 27, due to limited availability in the local market. In addition, most mills are offering material for late March delivery. In the Iskenderun region in particular, one local mill has stopped quoting wire rod prices, which has supported the increase of wire rod prices in the region.
Most buyers are refraining from new purchases due to the unclear financial environment and continue buying just in line with their daily needs.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
27.11.2020 |
||
|
Marmara |
630-640 |
+10 |
|
Thrace |
615-620 |
+5 |
|
Izmir |
610-615 |
+10 |
|
Iskenderun |
630-640 |
+7,5 |
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.