SteelOrbis has been informed that offers from a producer in Izmir in Turkey’s Aegean region for 5.5 mm drawing quality wire rod have been issued at $610/mt ex-works, while its offers for 20MnB4 grade have been set at $750/mt ex-works.
In addition, the producer’s offers for 5.5 mm drawing quality wire rod are at $620/mt delivered to Istanbul and its offers for 20MnB4 grade are at $760/mt delivered to Istanbul. The offers in question have decreased by $15/mt, compared to the offers seen on Tuesday, August 13.
All the above prices exclude 20 percent VAT and are for cash payments.
Note: The mill has kept its 5.5-16 mm SAE 1010/mesh grade price at $585/mt, while cutting its 5.5-16 mm SAE 1010/mesh grade-2A price by $5/mt to $580/mt ex-works, over the same period, due to sluggish demand, SteelOrbis has heard.