Iskenderun-based Turkish mill issues its longs prices as week begins

Monday, 02 September 2024 16:39:31 (GMT+3)   |   Istanbul

SteelOrbis has been informed that today, September 2, an Iskenderun-based Turkish mill has kept its rebar price in the local currency  at TRY 24,000/mt ($588/mt) ex-works, for an extended delivery period, amid the ongoing currency fluctuations. The mill's rebar price has indicated a decrease of $8/mt on US dollar basis compared to Tuesday, August 13. The producer has also issued its wire rod price at $590/mt ex-works, also for an extended delivery period, down by $10/mt on US dollar basis over the same period. The exchange rate is taken as $1 = TRY 34.00 as the mill itself has not indicated any specific exchange rate.


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