Wire rod prices in Turkish market move sideways

Local Turkish wire rod prices have remained stable over the past week, mostly for June-July production. Sources report that supply of some sizes is still tight in the local wire rod market. Longer lead times are applied in the Iskenderun region. “Buyers have enough stocks and so they are not in a rush for new purchases” one source mentioned. Special discounts are available for certain buyers.

Currently, the local offers for 6-7 mm mesh quality wire rod are as follows:

The above prices, which are on the actual weight basis, excluding 18 percent VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.