SteelOrbis has been informed by market sources that local producers’ price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
|
26.02.2019 |
|||
|
Marmara |
515-540 |
↓ |
7.5 |
|
Thrace |
530-540 |
↓ |
5 |
|
Izmir |
540-550 |
0 |
|
|
Iskenderun |
525-535 |
0 |
|
The above prices, which are on actual weight basis, exclude VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
Demand in the local Turkish wire rod market is still at low levels. As a result, Turkish wire rod producers have reduced their prices by $10/mt on the lower end week on week to $515-550/mt ex-works.
Meanwhile, market sources state that the trend of domestic wire rod prices in Turkey may change in the coming days due to the recent upward tendency of scrap quotations.