Wire rod prices in Turkish market increase slightly

Wednesday, 18 November 2009 15:05:19 (GMT+3)   |  
       

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


Similar articles

Slowdown in Turkey’s steel exports continues in September

17 Sep | Steel News

Attendees of the SteelOrbis Steel Trade conference "look for the light"

13 Jul | Steel Matters

Fluctuations continue in China’s longs market

30 Nov | Longs and Billet

Chinese domestic longs prices start to pick up

23 Nov | Longs and Billet

Turkish wire rod export offers show uptrend

19 Nov | Longs and Billet

Chinese long product prices continue to rise on a fluctuating trend

16 Nov | Longs and Billet

US rebar market remains under pressure despite Nucor price move

11 Nov | Longs and Billet

Demand still weak in Turkish WR export market despite slight improvements

06 Nov | Longs and Billet

Ahead of November scrap movement, US rebar prices deteriorate further

06 Nov | Longs and Billet

Chinese longs market shows varied performance

02 Nov | Longs and Billet