Today, October 13, Turkish integrated mill Kardemir has increased its wire rod sales prices by another $20/mt. Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod now stands at $835/mt ex-works, while its 6-56 mm wire rod of the same steel grade is offered at $810/mt ex-works. The mill’s wire rod sales have been open since Thursday, October 7. “The exact volume of wire rod sales has not been heard yet,” one source mentioned.
Wire rod prices exclude 18 percent VAT.