Today, November 13, Turkish integrated mill Kardemir has cut its wire rod prices by $20/mt, as compared to its price issued on Wednesday, October 23, against the backdrop of the ongoing currency fluctuations and sluggish demand.
Accordingly, Kardemir’s price for 5.5 mm SAE 1008-1010 grade wire rod stands at $625/mt ex-works, while its 6-27 mm wire rod of the same steel grade is offered at $610/mt ex-works. In addition, 28-56 mm wire rod of the same steel grade is offered at $630/mt ex-works.
The wire rod prices exclude 20 percent VAT.