Turkish integrated mill Kardemir has closed its domestic wire rod sales which were opened earlier today, July 21.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod were set at TRY 3,285/mt ($480/mt) ex-works, while its 6-56 mm wire rod of the same steel grade were offered at TRY 3,240/mt ($473/mt) ex-works. The tonnage sold by the mill has not been announced yet.
The abovementioned offers were valid for orders for 500 mt and higher, with 25 percent on cash payment basis, with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral.
Prices exclude 18 percent VAT.
$1 = TRY 6.785
