Wire rod prices in Turkey mostly stable

Tuesday, 19 July 2022 15:38:46 (GMT+3)   |   Istanbul
       

As of today, July 19, Turkish wire rod prices have mostly remained stable over the past week, while a few mills started offering wire rod prices at the beginning of this week. Most wire rod producers are offering mainly for August or early September, while a limited tonnage is available from stocks depending on the size and quality.

One Izmir-based mill is offering its wire rod price to the Thrace region this week. One Iskenderun-mill opened its mesh grade wire rod sales at $720/mt ex-works yesterday, while another mill in the region has opened its wire rod sales at $760/mt ex-works this week.

On the demand side, most buyers are not in a rush and are taking their time in order to monitor the import scrap price trend.

Region

Price ($/mt)

Price change ($/mt)

13.07.2022

Marmara

775-780

0

Thrace

755-760

0

Izmir

750-760

N/A

Iskenderun

720-760

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.


Similar articles

Wire rod prices in Taiwanese domestic market - week 13, 2024

29 Mar | Longs and Billet

US domestic wire rod prices still soft

28 Mar | Longs and Billet

Wire rod consumption in Mexico increases 6.5 percent in January

28 Mar | Steel News

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

UAE-based ESA cuts wire rod prices for April despite better demand

28 Mar | Longs and Billet

Asian wire rod market tumbles amid pessimism in China

28 Mar | Longs and Billet

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

Saudi Arabia’s Hadeed keeps local longs prices stable again for April

26 Mar | Longs and Billet

Local Turkish official domestic wire rod prices follow diverse trends

26 Mar | Longs and Billet