SteelOrbis has learned that the wire rod prices in the local Turkish market are showing variation according to the different regions. It is thought that some producers will update their price levels next week and that the local price range will stabilize within a certain range.
The current wire rod prices in the local Turkish market are as follows:
Region |
Price |
Marmara |
$950/mt |
Izmir |
$1,180/mt |
Iskenderun |
$1,310/mt |
The above prices are ex-works, on actual weight basis and excluding VAT.