Over the past week, most Turkish mills have kept their official wire rod prices stable in the Thrace and Izmir regions, while their prices have fallen by $5-10/mt in the rest of the country, against the backdrop of sluggish demand. Moreover, one Iskenderun-based mill has cut its wire rod price by $10/mt to $610/mt ex-works for an extended delivery period. Additional discounts are available only for serious buyers and cash payment.
According to sources, the workable wire rod prices in Turkey are at around $590-610/mt ex-works, stable week on week depending on the region.
Region |
Price ($/mt) |
Price change ($/mt) |
23.07.2024 |
||
Marmara |
610-620 |
-5 |
Thrace |
610-620 |
0 |
Izmir |
590-595 |
0 |
Iskenderun |
610 |
-10 |
The above prices, which are on actual weight basis, exclude 20 percent VAT and are on ex-works basis. The offers may differ depending on the buyers and order sizes.