Over the past two weeks, Turkish mills have mostly kept their official wire rod prices stable in the Thrace and Iskenderun regions, for extended delivery periods, while falling by $5/mt in the rest of the country. A few mills are applying aggressive pricing strategies in order to generate cash and are giving sizeable discounts for serious buyers.
One Iskenderun-based mill has issued its wire rod price at $610/mt ex-works. According to sources, the workable wire rod prices are at around $590-620/mt ex-works depending on the region.
Most buyers are taking their time before making new purchases while monitoring the import scrap price trend.
Region |
Price ($/mt) |
Price change ($/mt) |
12.06.2024 |
||
Marmara |
615-625 |
-5 |
Thrace |
630-640 |
0 |
Izmir |
590-595 |
-5 |
Iskenderun |
610 |
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.
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