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 $870/mt ex-works, while its offers for 20MnB4 grade are at $975/mt ex-works.
In addition, the producer’s offers for 5.5-16 mm drawing quality wire rod are at $880/mt delivered to Istanbul and its offers for 20MnB4 grade are at $985/mt delivered to Istanbul. The offers in question are $20/mt higher than the producer’s previous list prices announced on Tuesday, February 8 amid the currency fluctuations and the unclear financial situation in the country.
All the above prices exclude 18 percent VAT and are for cash payments.