SteelOrbis has been informed by market sources that local producers’ price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
Region |
Price ($/mt) |
Price change ($/mt) |
|
31.10.2017 |
|||
Marmara |
560-570 |
↑ |
7.5 |
Thrace |
545-555 |
↑ |
7.5 |
Izmir |
550-560 |
↑ |
7.5 |
Iskenderun |
550-560 |
↑ |
5 |
The above prices, which are on actual weight basis, exclude VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
Having moved sideways since the middle of October, domestic wire rod prices in Turkey have increased over the past week. Although domestic wire rod purchases have declined slightly due to the fluctuating trend of the Turkish lira-US dollar exchange rate, it is observed that demand for domestic wire rod in Turkey is still at good levels and so Turkish wire rod producers have raised their quotations.