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 have risen to $835/mt ex-works, while its offers for 20MnB4 grade have increased to $975/mt ex-works amid higher import scrap prices.
In addition, the producer’s offers for 5.5-16 mm drawing quality wire rod are at $845/mt delivered to Istanbul and its offers for 20MnB4 grade are at $985/mt delivered to Istanbul. The offers in question are $30/mt higher than offers in its previous price list dated Thursday, February 2.
All the above prices exclude 18 percent VAT and are for cash payments.