An Iskenderun-based Turkish mill has issued its official rebar price at TRY 26,850/mt ($547/mt) ex-works today, August 20, for an extended delivery period. The mill's rebar price indicates a TRY 600/mt ($17/mt) compared to Thursday, July 31.
The producer has also cut its 6.5 mm SAE 1008 grade wire rod price by $25/mt to $560/mt ex-works, also for an extended delivery period.
The exchange rate is taken as $1 = TRY 40.91 as the mill itself has not indicated any specific exchange rate.