Over the past week, most Turkish mills have kept their official wire rod prices stable amid sluggish demand. Moreover, one Iskenderun-based mill has kept its wire rod price at $600/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 still at around $590-610/mt ex-works, unchanged week on week, depending on the region.
Most buyers are exerting pressure for further discounts amid weaker import scrap prices.
Region |
Price ($/mt) |
Price change ($/mt) |
06.08.2024 |
||
Marmara |
605-615 |
0 |
Thrace |
610-620 |
0 |
Izmir |
585-590 |
0 |
Iskenderun |
600 |
0 |
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.