SteelOrbis has been informed that today, October 9, an Iskenderun-based Turkish mill has hiked its rebar price by TRY 250/mt ($6/mt) to TRY 27,000/mt ($657/mt) ex-works, for an extended delivery period, as compared to Monday, October 7. The producer has also raised its wire rod price by $10/mt to $640/mt ex-works, also for an extended delivery period. The main reason for the price increases is the positive sentiment in the import scrap market. The exchange rate is taken as $1 = TRY 34.27 as the mill itself has not indicated any specific exchange rate.