Today, March 12, Turkish mill Kardemir has hiked its wire rod prices for engineering grade products by $15/mt, as compared to its prices issued on Friday, February 28. The main reasons for the increase are the ongoing currency fluctuations and higher import scrap prices.
The producer has issued its list prices only on US dollar basis, for cash payment, on ex-works basis.
| Dimension | Grade | Price ($/mt) |
| 5.5 mm | SAE 1018-1020 | 610 |
| SAE 1022-1073 | 620 | |
| SAE 1076-1082 | 630 | |
| SAE 1006_00 | 600 | |
| 20MnB4-30MnB4 | 710 | |
| SG2 | 660 | |
| 6-27 mm | SAE 1018-1020 | 595 |
| SAE 1022-1073 | 605 | |
| SAE 1076-1082 | 615 | |
| SAE 1006 | 585 | |
| 16MnCr5 | 755 | |
| 20MnB4-30MnB4 | 695 |
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