Turkish official domestic wire rod prices increase further

Friday, 04 October 2024 16:01:39 (GMT+3)   |   Istanbul

Official wire rod prices in Turkey have mostly risen by $2,5-10/mt against the backdrop of higher production costs and limited supply, as compared to Tuesday, October 1. Sources report longs prices might also increase further at the beginning of next week.

According to sources, the workable wire rod prices in Turkey are at around $620-630/mt ex-works, depending on the region.

One Iskenderun-based mill has kept its wire rod price stable at $630/mt ex-works for now.

Region

Price ($/mt)

Price change ($/mt)

01.10.2024

Marmara

625-635

+10

Thrace

620-625

+2,5

Izmir

620-625

+10

Iskenderun

630

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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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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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