Over the past week, official wire rod prices in Turkey have fallen by $10-20/mt, though remaining stable in Iskenderun region, against the backdrop of sluggish demand, following Kardemir's announcement of its price for 6-27 mm wire rod of SAE 1008-1010 grade at $610/mt ex-works yesterday, November 13.
According to sources, the workable wire rod prices in Turkey are at around $605-615/mt ex-works, depending on the region, versus $615-625/mt ex-works a week ago.
One Iskenderun-based mill has issued its wire rod price at $625/mt ex-works today.
Region |
Price ($/mt) |
Price change ($/mt) |
05.11.2024 |
||
Marmara |
615-620 |
-10 |
Thrace |
605-610 |
-20 |
Izmir |
605-610 |
-10 |
Iskenderun |
625 |
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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