Today, January 4, Turkish integrated mill Kardemir has raised its wire rod prices by $40/mt depending on product size, compared to Tuesday, December 20.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod is standing at $725/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $710/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $735/mt ex-works.
Kardemir 6-27 mm wire rod is close to the lower end of the general price range for the same specifications in Turkey which varies at $715-730/mt ex-works.
Wire rod prices exclude 18 percent VAT.
.jpeg)