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 |