Official wire rod prices in Turkey have mostly risen by $2,5-10/mt against the backdrop of higher production costs and limited supply, as compared to Tuesday, October 1. Sources report longs prices might also increase further at the beginning of next week.
According to sources, the workable wire rod prices in Turkey are at around $620-630/mt ex-works, depending on the region.
One Iskenderun-based mill has kept its wire rod price stable at $630/mt ex-works for now.
Region |
Price ($/mt) |
Price change ($/mt) |
01.10.2024 |
||
Marmara |
625-635 |
+10 |
Thrace |
620-625 |
+2,5 |
Izmir |
620-625 |
+10 |
Iskenderun |
630 |
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.