Turkish domestic wire rod prices soften amid sluggish demand and currency fluctuations

Tuesday, 05 May 2026 15:38:17 (GMT+3)   |   Istanbul

As of today, May 5, official wire rod prices in Turkey have fallen by $5/mt compared to April 29, amid the ongoing currency fluctuations and sluggish demand. According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $605/mt ex-works, down 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 $605-620/mt ex-works, indicating a decrease of $5/mt on the lower end over the same period.

 

Region

Price ($/mt) Price change ($/mt)
    29.04.2026
Marmara 620-625 -5
Thrace 620-625 -5
Izmir 610-615 -5
Iskenderun 605 -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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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