Turkish domestic wire rod prices have risen by $10-30/mt to $645-700/mt ex-works compared to Wednesday, August 3 amid the positive sentiment in the import scrap segment and currency fluctuations. Most Turkish mills are offering mainly for late August or September delivery, while a limited tonnage is available from stocks depending on the size and quality.
One Iskenderun-based mill increased its wire rod price by $15/mt to $645/mt ex-works yesterday, August 4, and has kept its wire rod prices stable today. “Trading activity is relatively better in the local market” one source mentioned.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
03.08.2022 |
||
|
Marmara |
695-700 |
+30 |
|
Thrace |
675-680 |
+10 |
|
Izmir |
645-655 |
+15 |
|
Iskenderun |
645 |
+10 |
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.