Turkish WR offers for export

SteelOrbis has heard that Turkish producers are offering mesh quality wire rods for export at $540-550/mt FOB on actual weight basis for March shipments. The wire rod market seems to have become more active, but not as much as the rebar market. Turkish producers concluded sales to south Europe since Chinese wire rod cargoes to this region were postponed. The latest sales levels were at $525/mt FOB. However, the market is not showing much interest in these levels. Due to the strength of the billet and rebar markets, producers do not seem to be giving much attention to wire rod sales.