SteelOrbis has been informed that offers from a producer in Turkey’s Aegean region for 5.5-16 mm wire rod are at $475/mt ex-works in Izmir, while its offers for 20MnB4 grade are at $580/mt ex-works, both excluding 18 percent VAT and for cash payments.
In addition, the producer’s offers for 5.5-16 mm wire rod are at $485/mt delivered to Istanbul and its offers for 20MnB4 grade are at $590/mt delivered to Istanbul, both excluding 18 percent VAT and for cash payments. The offers in question are $10/mt higher than the producer’s previous list prices announced on June 9.