Iskenderun-based Turkish mill increases its rebar price

Thursday, 19 September 2024 14:08:14 (GMT+3)   |   Istanbul

SteelOrbis has been informed that an Iskenderun-based Turkish mill has raised its rebar price by TRY 150/mt to TRY 24,750/mt ($606/mt) ex-works, for an extended delivery period, against the backdrop of the relatively positive sentiment in the import scrap segment on yesterday afternoon. The mill's rebar price has indicated minor changes on US dollar basis. The producer has kept its wire rod price stable at $600/mt ex-works, also for an extended delivery period. The exchange rate is taken as $1 = TRY 34.01 as the mill itself has not indicated any specific exchange rate.


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