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

Thursday, 03 March 2022 15:10:57 (GMT+3)   |   Istanbul

Today, March 3, Turkish mill Kardemir has increased prices in its sales of engineering grade wire rod products, against the backdrop of the positive sentiment in the import scrap and billet segments and currency fluctuations. The supplier has increased its dollar-based prices by $25/mt. 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

965

SAE  1022-1073

995

SAE  1076-1082

1,005

SAE  1006_00

925

20MnB4-30MnB4

1,045

SG2

1045

6-27 mm

SAE  1018-1020

930

SAE  1022-1073

960

SAE  1076-1082

970

SAE  1006

890

16MnCr5

1,075

20MnB4-30MnB4

1,010

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor

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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