Turkey’s Kardemir cuts its wire rod prices for engineering grade products

Tuesday, 14 June 2022 17:10:15 (GMT+3)   |   Istanbul

Today, June 14, Turkish mill Kardemir has decreased its prices of engineering grade wire rod products, against the backdrop of weaker scrap prices and currency fluctuations. The supplier has cut its dollar-based prices by $25-30/mt compared to its previous list dated Tuesday, May 31. The producer has issued its list prices only on US dollar basis, for cash payment, on ex-works basis.

Dimension

Grade

Price ($/mt)

5.5 mm

SAE  1018-1020

815

SAE  1022-1073

845

SAE  1076-1082

855

SAE  1006_00

775

20MnB4-30MnB4

895

SG2

895

6-27 mm

SAE  1018-1020

775

SAE  1022-1073

810

SAE  1076-1082

820

SAE  1006

735

16MnCr5

950

20MnB4-30MnB4

860

 

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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