Turkish domestic wire rod prices trend up amid higher production costs

Wednesday, 04 March 2026 15:55:41 (GMT+3)   |   Istanbul

As of today, March 4, official wire rod prices in Turkey have risen by $5-10/mt due to the higher production costs, import billet prices spesifically depending on the region.  According to sources, one Iskenderun-based mill is rumored to be testing a wire rod price of $565/mt ex-works, up by $10/mt over the day, depending on the tonnage and payment terms.

According to sources, workable wire rod prices in Turkey have settled at $560-575/mt ex-works versus $550-570/mt ex-works, yesterday.

Most buyers are monitoring the import scrap and billet prices and not rushing to purchase material in the unclear financial situation in the country.

 

Region

Price ($/mt) Price change ($/mt)
    03.03.2026
Marmara 575-580 +5
Thrace 570-575 +10
Izmir 560-565 +10
Iskenderun 565 +10

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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