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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
All Articles by the Author

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.

Marketplace Offers

Wire Rod

Diameter 5 - 12 mm
 
Tedarikçi KHALIFA STEEL INDUSTRIES WLL
View Offer

Wire Rod

Diameter 5.5 - 16 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Wire Rod

Diameter 6.5 - 60 mm
 
Tedarikçi BRILLIANCE MAHK IMPORT & EXPORT (SHANGHAI) CO., LIMITED
View Offer

Similar articles

Turkish mills aim to raise longs prices locally and for export amid costlier import scrap and energy

Wire rod prices in Turkey's Aegean region increase further on November 4

Turkey's wire rod export growth accelerates to 16.1 percent in January-September 2026

Local Turkish wire rod prices rise amid higher energy prices

Turkey's Icdas raises its longs prices on November 2

Wire rod prices in Turkey's Aegean region increase slightly on November 2

Turkey's Icdas raises longs prices slightly on October 30

Turkish domestic wire rod prices fall amid sluggish demand

Turkey's Icdas cuts its longs prices on October 26

Turkish longs prices fall further as local buyers delay restocking, exports still slow