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15 Feb
14:56

Kardemir raises wire rod prices

Kardemir published a new price list and opened sales for wire rod in its domestic market on 15 February, Kallanish notes. Prices for 5.5-56mm diameter wire rod increased to $805-855/tonne from $785-835/t in the previous price list issued on 1 February. Kardemir is selling 10-20mm diameter deformed wire rod at $825/t. Prices quoted are ex-works and exclude 18% VAT. The exchange rate stood on Tuesday at 13.66 lira/$1.
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