Turkish suppliers have mainly increased their wire rod prices by $10/mt since Tuesday, October 5, amid costlier import scrap prices and currency fluctuations. Extended delivery periods have also supported these price hikes.
Most suppliers are offering material for late November-December delivery.
One Iskenderun-based mill has opened its mesh grade wire rod sales at $780/mt ex-works for December delivery today, after a long break. Moreover, another mill in the same region has kept its mesh grade wire rod prices at $790/mt ex-works for early December delivery.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
05.10.2021 |
||
|
Marmara |
795-800 |
+10 |
|
Thrace |
780-785 |
+10 |
|
Izmir |
760-770 |
+10 |
|
Iskenderun |
780-790 |
N/A |
The above prices, which are on actual weight basis, exclude 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.