Due the absence of China throughout the current week, wire rod buyers in the international markets have mostly preferred to wait until after the long holiday in China to gain a clearer picture of the future trend of the market and so they are in no rush to conclude purchases of Turkish wire rod. On the other hand, the downward movement of import scrap prices in Turkey has given way to an upward trend this week, causing Turkish wire rod producers to keep their wire rod export prices stable. As a result, Turkish wire rod export prices are still at $550-570/mt FOB.