Local Turkish wire rod prices stable amid unclear financial situation

Tuesday, 03 March 2026 15:09:28 (GMT+3)   |   Istanbul

As of today, March 3, official wire rod prices in Turkey have remained unchanged week on week depending on the region, against the backdrop of the unclear financial situation in the country and slow trading activity.  According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $555/mt ex-works, unchanged over the past week, depending on the tonnage and payment terms. 

According to sources, workable wire rod prices in Turkey have settled at $550-570/mt ex-works, stable week on week.

Most buyers are in wait-and-see mode due to the ongoing currency fluctuations, while also monitoring the import scrap segment.

 

Region

Price ($/mt) Price change ($/mt)
    24.02.2026
Marmara 570-575 0
Thrace 560-565 0
Izmir 550-555 0
Iskenderun 555 0

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.


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