SteelOrbis has been informed that today, July 29, an Iskenderun-based Turkish mill has decreased its rebar price in the local currency by TRY 250/mt ($8/mt) to TRY 23,750/mt ($600/mt) ex-works, for an extended delivery period, as compared to Tuesday, July 23, amid the ongoing currency fluctuations and sluggish demand. The mill has also cut its wire rod price by $10/mt to $610/mt ex-works, also for an extended delivery period. The exchange rate is taken as $1 = TRY 33.01 as the mill itself has not indicated any specific exchange rate.