Today, July 19, Turkish integrated mill Kardemir has cut its dollar-based wire rod prices by $20/mt against the backdrop of currency fluctuations and relatively slow trading activity after the holiday period.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod is currently at $770/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $730/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $755/mt ex-works.
Wire rod prices exclude 18 percent VAT.