Turkish integrated mill Kardemir has closed its wire rod sales earlier today, February 24, having opened them on Wednesday, February 22. According to sources, the mill has succeeded in selling around 25,000- 30,000 mt of wire rod, while the final tonnage sold has not been confirmed by the time of publication.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod was standing at $760/mt ex-works, while its 6-27 mm wire rod of the same steel grade was offered at $745/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade was offered at $765/mt ex-works.
.jpeg)