The domestic wire rod prices have stabilized in most of the regions of Turkey while only in the Izmir area the suppliers have decreased the offers by $5/mt. Sources say that the level of $830/mt ex-works, which corresponds to the upper end of the range, is hardly achievable as of today. Most Turkish suppliers are offering wire rod for late August-September delivery. On the demand side, most buyers are refraining from wire rod purchases amid the unclear situation in the import scrap segment.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
16.06.2021 |
||
|
Marmara |
820-825 |
0 |
|
Thrace |
825-830 |
0 |
|
Izmir |
810-820 |
-5 |
|
Iskenderun |
820-830 |
0 |
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.