Today, February 1, Turkish integrated mill Kardemir has raised its dollar-based wire rod prices by $10/mt compared to its previous announcement on Tuesday, December 28, amid rapid currency fluctuations and relatively better demand. Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod is currently at $810/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $785/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $810/mt ex-works.
Wire rod prices exclude 18 percent VAT.
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