Turkey’s Kardemir decreases wire rod prices for engineering grade products

Tuesday, 24 May 2022 14:01:51 (GMT+3)   |   Istanbul

Today, May 24, Turkish mill Kardemir has cut its prices of engineering grade wire rod products, against the backdrop of the rapid currency fluctuations, negative sentiment in the import scrap and billet segments, and sluggish demand. The supplier has decreased its dollar-based prices by $50/mt compared to its previous list dated Tuesday, May 17. The producer has issued its list price only on US dollar basis, and for cash payment, on ex-works basis.

Dimension

Grade

Price ($/mt)

5.5 mm

SAE  1018-1020

880

SAE  1022-1073

910

SAE  1076-1082

920

SAE  1006_00

840

20MnB4-30MnB4

960

SG2

960

6-27 mm

SAE  1018-1020

845

SAE  1022-1073

875

SAE  1076-1082

885

SAE  1006

805

16MnCr5

1,015

20MnB4-30MnB4

925

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
All Articles by the Author

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.

Marketplace Offers

Wire Rod

Diameter 5 - 12 mm
 
Tedarikçi KHALIFA STEEL INDUSTRIES WLL
View Offer

Wire Rod

Diameter 5.5 - 16 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Wire Rod

Diameter 6.5 - 60 mm
 
Tedarikçi BRILLIANCE MAHK IMPORT & EXPORT (SHANGHAI) CO., LIMITED
View Offer

Similar articles

Turkey's Kardemir decreases wire rod prices for engineering grade products on October 21

Turkey's Kardemir cuts its wire rod prices sharply on October 21

Turkey's Kardemir raises its wire rod prices sharply on September 16

Turkey's Kardemir increases its wire rod prices sharply on September 9

Turkey's Kardemir increases wire rod prices for engineering grade products on August 20

Turkey's Kardemir raises its wire rod prices on August 20 after long break

Turkey’s Kardemir cuts wire rod prices for engineering grade products on June 24

Turkey’s Kardemir hikes its wire rod prices sharply amid rising costs

Turkey’s Kardemir increases its wire rod prices amid higher energy costs on March 25

Turkey’s Kardemir hikes its wire rod prices after a long break on March 11