SteelOrbis has been informed that a producer's wire rod sales price list has been updated as of March 25 in Turkey's Aegean region. The prices show an increase of $30/mt as compared to the last list issued on March 16.
According to the new list, the price of 5.5-16 mm drawing quality wire rod is at $480/mt + VAT delivered to Istanbul for cash payment, while the price level of 5.5-16 mm 20MnB4 grade wire rod has increased to $630/mt + VAT delivered to Istanbul for cash payment.