Domestic wire rod prices in Turkey have moved sideways over the past two weeks. Currently, business activity in the segment is on hold as buyers are waiting to see a clearer market picture in scrap imports. Most Turkish steel mills are at present offering wire rod for late January-February deliveries, SteelOrbis understands.
Currently, local offers for 6-7 mm mesh quality wire rod are as follows:
Region |
Price ($/mt) |
Price change ($/mt) |
24.12.2019 |
||
Marmara |
490-495 |
- |
Thrace |
480-485 |
- |
Izmir |
475-480 |
- |
Iskenderun |
485-495 |
- |
The above prices are ex-works, on actual weight basis and exclude 18 percent VAT. The offers may differ depending on buyers and order sizes.
$1 = TRY 5.96