Over the past week, Turkish mills have mostly kept their official wire rod prices stable, while additional sizeable discounts available for serious buyers.
One Iskenderun-based mill has kept its wire rod price stable at $615/mt ex-works since it increased its price by $5/mt on Wednesday, April 17.
Most market players are in wait-and-see mode ahead of the Turkish central bank's interest rate decision due tomorrow, April 25.
Region |
Price ($/mt) |
Price change ($/mt) |
16.04.2024 |
||
Marmara |
635-645 |
0 |
Thrace |
630-640 |
0 |
Izmir |
610-615 |
0 |
Iskenderun |
615 |
+5 |
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.