Against the background of the weak end-user demand seen in the Turkish market, the domestic mills have been continuing to lower their prices in the current week.
Currently, offers of 1008 grade 6 mm wire rod in the local Turkish market are as follows:
Region |
Price |
Delivery |
Thrace |
TRY 900-920/mt ($489-500/mt) |
ex-works |
Izmir |
TRY 890-920/mt ($483-500/mt) |
ex-works |
Iskenderun |
TRY 950-970/mt ($516-527/mt) |
ex-works |
The above prices are on actual weight basis. The dollar prices exclude VAT, while the TRY prices include VAT.
US$ 1 = TRY 1.635