Domestic wire rod prices in Turkey have moved down by $5/mt over the past week in all regions due to low demand and still mainly negative expectations in the import scrap segment. At present, most mills are offering wire rod for February deliveries, with some producers selling from their stocks.
Currently, the local offers for 6-7 mm mesh quality wire rod are as follows:
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
14.01.2020 |
||
|
Marmara |
475-480 |
-5 |
|
Thrace |
470-475 |
-5 |
|
Izmir |
470-475 |
-5 |
|
Iskenderun |
475-480 |
-5 |
The above prices, which are on the actual weight basis, excluding 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
$1 = TRY 5.92