Turkish official domestic wire rod prices stable ahead of Ramadan

Tuesday, 25 February 2025 14:34:41 (GMT+3)   |   Istanbul

Over the past week, official wire rod prices in Turkey have remained stable ahead of Ramadan. 

According to sources, workable wire rod prices in Turkey are at around $555-575/mt, also stable over the same period depending on the region.

One Iskenderun-based mill has issued its wire rod price at $575/mt ex-works today, February 25. Additional discounts are applicable for serious buyers amid the ongoing currency fluctuations, for cash payments.

Most buyers are not willing to restock ahead of Ramadan.

Region

Price ($/mt)

Price change ($/mt)

18.02.2025

Marmara

570-575

0

Thrace

575-580

0

Izmir

555-560

0

Iskenderun

575

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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