SteelOrbis has heard that the current offers for 1008 grade 6.5-8 mm wire rod in the local Turkish market are as presented below. Turkish mills are trying to keep their wire rod prices in the local market strong due to the uptrend in scrap and billet prices.
Region | Price |
Thrace | TRY 890-900/mt ($510-515/mt) ex-works |
Izmir | TRY 880-890/mt ($504-510/mt) ex-works |
Marmara | TRY 890-900/mt ($510-515/mt) ex-works |
Iskenderun | TRY 891-899/mt ($510-515/mt) ex-works |
The above prices are on actual weight basis. The dollar prices exclude VAT, while the TRY prices include VAT.
US$1 = TRY 1.48