Turkish official domestic wire rod prices remain stable

Tuesday, 02 July 2024 14:40:50 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their official wire rod prices unchanged amid sluggish demand. Additional discounts are available only for serious buyers and cash payment.

One Iskenderun-based mill has kept its wire rod price stable at $610/mt ex-works for an extended delivery period.  According to sources, the workable wire rod prices in Turkey are at around $590-610/mt ex-works, down by $10/mt on the higher end depending on the region.

Most buyers are purchasing in line with their daily needs and are monitoring the import scrap price trend.

Region

Price ($/mt)

Price change ($/mt)

25.06.2024

Marmara

615-625

0

Thrace

630-640

0

Izmir

590-595

0

Iskenderun

610

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.


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