Turkish official domestic wire rod prices remain stable

Tuesday, 02 July 2024 14:40:50 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their official wire rod prices unchanged amid sluggish demand. Additional discounts are available only for serious buyers and cash payment.

One Iskenderun-based mill has kept its wire rod price stable at $610/mt ex-works for an extended delivery period.  According to sources, the workable wire rod prices in Turkey are at around $590-610/mt ex-works, down by $10/mt on the higher end depending on the region.

Most buyers are purchasing in line with their daily needs and are monitoring the import scrap price trend.

Region

Price ($/mt)

Price change ($/mt)

25.06.2024

Marmara

615-625

0

Thrace

630-640

0

Izmir

590-595

0

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.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
All Articles by the Author

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.

Marketplace Offers

Wire Rod

Diameter 5 - 12 mm
 
Tedarikçi KHALIFA STEEL INDUSTRIES WLL
View Offer

Wire Rod

Diameter 5.5 - 16 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Wire Rod

Diameter 6.5 - 60 mm
 
Tedarikçi BRILLIANCE MAHK IMPORT & EXPORT (SHANGHAI) CO., LIMITED
View Offer

Similar articles

Turkey raises local and export longs prices by $5-10/mt, mainly amid supply concerns

Local Turkish wire rod prices mostly increase sharply on November 11

Turkey's Icdas increases its longs prices slightly on November 11

Turkish domestic wire rod prices mostly stable on November 10

Turkish mills aim to raise longs prices locally and for export amid costlier import scrap and energy

Wire rod prices in Turkey's Aegean region increase further on November 4

Turkey's wire rod export growth accelerates to 16.1 percent in January-September 2026

Local Turkish wire rod prices rise amid higher energy prices

Turkey's Icdas raises its longs prices on November 2

Wire rod prices in Turkey's Aegean region increase slightly on November 2