SteelOrbis has been informed that offers from a producer in Izmir in Turkey’s Aegean region for 5.5-16 mm drawing quality wire rod are at $680/mt ex-works, while its offers for 20MnB4 grade are at $785/mt ex-works.
In addition, the producer’s offers for 5.5-16 mm wire rod are at $690/mt delivered to Istanbul and its offers for 20MnB4 grade are at $795/mt delivered to Istanbul. The offers in question are $30/mt lower than the producer’s previous list prices announced on Friday, January 29.
All the above prices exclude 18 percent VAT and are for cash payments.