As of today, July 5, wire rod prices in Turkey have risen by $50-90/mt compared to the end of last week, mainly for August-early September deliveries, while a limited tonnage is available from stocks depending on the size and quality.
In the Marmara region, wire rod prices increased by $70/mt yesterday and an additional increase of $20/mt has been seen today both for September deliveries. Demand is sluggish ahead of the Feast of Sacrifice holiday.
One Iskenderun-based issued its official wire rod prices at $700/mt ex-works yesterday, while another mill in the region closed its wire rod sales at the beginning of this week.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
01.07.2022 |
||
|
Marmara |
775-780 |
+90 |
|
Thrace |
715-720 |
+50 |
|
Izmir |
720-730 |
+50 |
|
Iskenderun |
700 |
N/A |
The above prices, which are on actual weight basis, exclude 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.