Turkish integrated mill Kardemir has opened its domestic wire rod sales, today, January 26. The company’s rebar sales remain closed.
Accordingly, Kardemir’s new price for 5.5 mm SAE 1008-1010 grade wire rod stands at TRY 5,240/mt ($706/mt) ex-works, while its 6-56 mm wire rod of the same steel grade is being offered at TRY 5,165/mt ($696/mt) ex-works, down by TRY 260-295/mt ($38-43/mt) compared to its previous price list dated Thursday, January 14.
The offer is valid for 500 mt and above orders, for cash payment basis and is subjected to 25 percent cash + %1.5 percent payment deferral for up to 90-day deferred payment basis.Prices exclude 18 percent VAT.
$1 = TRY 7.42