Today, March 12, Turkish integrated mill Kardemir has raised its wire rod prices by $15/mt as compared to its prices issued on Friday, February 28, against the backdrop of the ongoing currency fluctuations and higher import scrap prices.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod stands at $590/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $575/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $595/mt ex-works.
The wire rod prices exclude 20 percent VAT.
.jpeg)