Turkey’s Kardemir raises its wire rod prices for engineering grade products

Thursday, 01 September 2022 15:25:24 (GMT+3)   |   Istanbul

Today, September 1, Turkish mill Kardemir has increased its prices of engineering grade wire rod products mainly by $20/mt compared to its previous list dated Tuesday, August 23, against the backdrop of the costlier energy costs and rapid currency fluctuations. It is worthmentioning that only 16MnCr5 grade prices have increased by $180/mt over the same period.

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

765

SAE  1022-1073

795

SAE  1076-1082

805

SAE  1006_00

705

20MnB4-30MnB4

845

SG2

845

6-27 mm

SAE  1018-1020

725

SAE  1022-1073

760

SAE  1076-1082

770

SAE  1006

665

16MnCr5

1060

20MnB4-30MnB4

810

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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