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) | |
16.05.2017 | |||
Marmara | 490-520 | ↑ | 5 |
Thrace | 485-505 | ↑ | 5 |
Izmir | 490-510 | ↑ | 5 |
Iskenderun | 490-495 | 0 | |
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.
It is observed that domestic wire rod prices in Turkey have continued their upward movement due to the tight supply in domestic billet, rebar and wire rod markets. Although buyers in the local Turkish wire rod market are still making price inquiries as construction activities continue unabated, they also consider domestic wire rod prices to be on the high side and prefer to conclude deals only in line with their needs, avoiding restocking.