SteelOrbis has learned that the current offers for 1008 grade 6.5-8 mm wire rod in the local Turkish steel market are as indicated below. Following last week's scrap bookings, wire rod prices in the Turkish domestic market have slightly increased.
Region |
Price |
Thrace |
TRY 1,270-1,280/mt ($677-682/mt) ex-works |
Izmir |
TRY 1,260-1,270/mt ($672-677/mt) ex-works |
Marmara |
TRY 1,300-1,310/mt ($693-698/mt) ex-works |
Iskenderun |
TRY 1,370-1,380/mt ($730-735/mt) ex-works |
The above prices are on actual weight basis. The dollar prices exclude VAT, while the TRY prices include VAT.
US$1 = TRY 1.59