Today, November 30, Turkish integrated mill Kardemir has increased its wire rod prices by $25-30/mt as compared to Tuesday, November 15, against the backdrop of higher import scrap and billet prices.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod is currently at $675/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $660/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $700/mt ex-works.
Wire rod prices exclude 18 percent VAT.
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