Today, November 19, Turkish integrated mill Kardemir has increased its wire rod prices by $10/mt as compared to its prices issued on Thursday, October 9, amid higher import scrap prices.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod stands at $595/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $580/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $600/mt ex-works.
The wire rod prices exclude 20 percent VAT.