SteelOrbis has been informed that, today, March 15, an Iskenderun-based Turkish mill has cut its rebar price by TRY 150/mt ($7/mt) to TRY 24,000/mt ($621/mt) ex-works, compared to Tuesday, March 12, amid the ongoing currency fluctuations and sluggish demand. In addition, the mill has kept its wire rod price stable at $630/mt ex-works today. The exchange rate is taken as $1 = TRY 32,22 as the mill itself has not indicated any specific exchange rate.
$1 = TRY 32.22
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