Over the past week, most Turkish mills have cut their official wire rod prices by $5-10/mt amid the ongoing currency fluctuations and sluggish demand, while official wire rod prices have only remained stable in the Thrace region . Moreover, one Iskenderun-based mill has cut its wire rod price by $10/mt to $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 at around $590-610/mt ex-works, unchanged week on week, depending on the region.
Region |
Price ($/mt) |
Price change ($/mt) |
30.07.2024 |
||
Marmara |
605-615 |
-5 |
Thrace |
610-620 |
0 |
Izmir |
585-590 |
-5 |
Iskenderun |
600 |
-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.