Turkish wire rod producers conclude export sales

Friday, 18 January 2019 16:22:25 (GMT+3)   |   Istanbul

At the beginning of the current week, Turkish wire rod producers reduced their export prices by an average of $5/mt week on week to $485-495/mt FOB. Market sources state that this new price level has gained acceptance from Africa and particularly from Israel. SteelOrbis has been informed that more than one wire rod cargo has been sold to Israel at price levels closer to the lower end of the above range.

Most Recent Related Articles

Turkish domestic wire rod prices firm up on back of scrap uptrend

Local Indian rebar prices up amid higher costs despite slow stock movement

Local Turkish scrap purchase prices increase further

H-beam prices in local Chinese market - week 8

Japan's domestic steel consumption down 7.4 percent in 2019