Today, February 15, Turkish integrated mill Kardemir has closed its wire rod sales, which were opened on Wednesday, February 1.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod were standing at $740/mt ex-works, while its 6-27 mm wire rod of the same steel grade were offered at $725/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade were offered at $745/mt ex-works.
Sources report that Kardemir succeeded in selling over 45,000 mt of wire rod since the beginning of this month.
Wire rod prices exclude 18 percent VAT.
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