Local Turkish official wire rod prices move sideways

Tuesday, 06 February 2024 14:13:35 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their official wire rod prices at unchanged levels amid stable import scrap prices. Sources report that a few mills are applying aggressive pricing policies to generate sales and that additional discounts are available to serious buyers.

One Iskenderun-based mill has kept its wire rod price stable at $650/mt ex-works today, SteelOrbis has heard.

Kardemir is still offering its 6-27 mm SAE 1008-1010 wire rod at $645/mt ex-works today, stable compared to Wednesday, January 10.

Region 

Price ($/mt) 

Price change ($/mt) 

30.01.2024 

Marmara 

655-665 

0

Thrace 

645-650 

0

Izmir 

635-640 

Iskenderun 

650 

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.


Similar articles

Turkish longs export market silent ahead of the holiday season

25 Dec | Longs and Billet

Turkish official domestic wire rod prices mostly stable

24 Dec | Longs and Billet

Local wire rod quotations in Indian market - week 52, 2024

24 Dec | Longs and Billet

Local Chinese longs prices edge down before year-end, slow demand dominates

23 Dec | Longs and Billet

Japanese crude steel output down 0.5 percent in November from October

23 Dec | Steel News

Wire rod consumption in Mexico down 25 percent in October

23 Dec | Steel News

Holiday season slows southern Europe’s longs market, prices stable

20 Dec | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 51, 2024

20 Dec | Longs and Billet

Iskenderun-based Turkish mill hikes its rebar price slightly

20 Dec | Longs and Billet

MOC: Average steel prices in China up slightly during Dec 9-15

20 Dec | Steel News