Over the past week, Turkish mills have mostly kept their wire rod prices stable, while prices have fallen by $5/mt in the Izmir region. According to sources, although the list prices have moved sideways, additional $5-10/mt discounts are available to serious buyers.
One Iskenderun-based mill has also kept its wire rod price unchanged over the past week, at $630/mt ex-works.
Most local buyers are monitoring the ongoing currency fluctuations and the import scrap price trend before restocking and are only purchasing in line with their daily needs for now.
|
Region |
Price ($/mt) |
Price change ($/mt) |
|
05.03.2024 |
||
|
Marmara |
635-640 |
0 |
|
Thrace |
630-640 |
0 |
|
Izmir |
610-615 |
-5 |
|
Iskenderun |
630 |
0 |