Over the past two weeks, official wire rod prices in Turkey have remained stable in the Thrace and Marmara regions, while falling by $10/mt in the Iskenderun region. In addition, wire rod prices in the Izmir region have slightly increased by $2.5/mt.
According to sources, the workable wire rod prices in Turkey are at around $585-605/mt ex-works, depending on the region.
The general sentiment on the demand side is negative. Kardemir issued its 6-27 mm SAE 1008-1010 grade wire rod price at $580/mt ex-works on Thursday, August 22. Sources report Kardemir has sold around 10,000-15,000 mt of wire rod.
Region |
Price ($/mt) |
Price change ($/mt) |
20.08.2024 |
||
Marmara |
600-610 |
0 |
Thrace |
610-620 |
0 |
Izmir |
585 |
+2,5 |
Iskenderun |
590 |
-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.