SteelOrbis has been informed that offers from a producer in Izmir in Turkey’s Aegean region for 5.5 mm drawing quality wire rod have been issued at $590/mt ex-works, while its offers for 20MnB4 grade have been set at $705/mt ex-works.
In addition, the producer’s offers for 5.5 mm drawing quality wire rod are at $605/mt delivered to Istanbul and its offers for 20MnB4 grade are at $720/mt delivered to Istanbul. The offers in question have fallen by $10-25/mt compared to the offers seen on Monday, January 6.
All the above prices exclude 20 percent VAT and are for cash payments.
The mill has kept its 5.5-16 mm SAE 1010/mesh grade price stable at $570/mt, while also keeping its 5.5-16 mm SAE 1010/mesh grade-2A price stable at $565/mt ex-works, as compared to January 6.