Turkish domestic wire rod prices increase once again amid cost pressure

Wednesday, 25 March 2026 16:36:18 (GMT+3)   |   Istanbul

As of today, March 25, official wire rod prices in Turkey have increased by $5-10/mt depending on the region compared to the previous day, due to higher production costs, in particular higher import scrap and energy prices.  According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $600/mt ex-works, up by $5/mt over the same period, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey have settled at $595-610/mt ex-works, also up by $10/mt over the same period.

 

Region

Price ($/mt) Price change ($/mt)
    24.03.2026
Marmara 610-615 +5
Thrace 610-615 +10
Izmir 600-605 +10
Iskenderun 600 +5

The above prices, which are on actual weight basis, exclude 20 percent VAT and are on ex-works basis. The offers may differ depending on the buyers and order sizes.


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