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

Wednesday, 09 March 2022 11:49:19 (GMT+3)   |   Istanbul

Today, March 9, Turkish mill Kardemir has hiked prices in its sales of engineering grade wire rod products, amid higher scrap and billet costs and ongoing 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

1,065

SAE  1022-1073

1,095

SAE  1076-1082

1,105

SAE  1006_00

1,025

20MnB4-30MnB4

1,145

SG2

1,145

6-27 mm

SAE  1018-1020

1,030

SAE  1022-1073

1,060

SAE  1076-1082

1,070

SAE  1006

990

16MnCr5

1,175

20MnB4-30MnB4

1,110

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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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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