Today, March 23, local Turkish wire rod list prices mostly have moved down by an $10-20/mt depending on the mill amid the negative mood in the demand side contributed by the rapid currency fluctuations and silence in the wire rod export market. In the local market, Turkish mills are mainly offering for May deliveries. Sources report, wire rod buyers exert pressure for further discounts.
Region |
Price ($/mt) |
Price change ($/mt) |
16.03.2021 |
||
Marmara |
710-715 |
0 |
Thrace |
710-715 |
-10 |
Izmir |
700-705 |
-15 |
Iskenderun |
695-705 |
-20 |
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.