SteelOrbis has been informed that offers from a producer in Izmir in Turkey’s Aegean region for 5.5-16 mm wire rod are at $720/mt ex-works, while its offers for 20MnB4 grade are at $825/mt ex-works.
In addition, the producer’s offers for 5.5-16 mm wire rod are at $730/mt delivered to Istanbul and its offers for 20MnB4 grade are at $835/mt delivered to Istanbul. The offers in question are $30/mt higher than the producer’s previous list prices announced on Tuesday, December 15.
All the above prices exclude 18 percent VAT and are for cash payments.