Today, December 8, Turkish integrated mill Kardemir has closed its wire rod sales in the afternoon. The producer succeeded in selling slightly over 10,000 mt, SteelOrbis has heard. The final tonnage is expected to be clarified within a couple of hours.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod was at $695/mt ex-works, while its 6-27 mm wire rod of the same steel grade was offered at $680/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade was offered at $720/mt ex-works.
Wire rod prices exclude 18 percent VAT.
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