Turkish domestic wire rod prices stable against ongoing currency fluctuations

Tuesday, 28 July 2026 15:51:33 (GMT+3)   |   Istanbul

As of today, July 28, official wire rod prices in Turkey have remained stable week on week against the backdrop of the ongoing currency fluctuations. The general sentiment on the demand side is sluggish due to VAT issues as the month is about to end. 

According to sources, one Iskenderun-based mill is reported to be testing a wire rod price of $585/mt ex-works, unchanged over the same period, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey are standing at $580-590/mt ex-works, stable week on week.

 

Region

Price ($/mt) Price change ($/mt)
    21.07.2026
Marmara 590-595 0
Thrace 585-590 0
Izmir 580-585 0
Iskenderun 585 0

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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