SteelOrbis has been informed that today, May 23, an Iskenderun-based Turkish mill has cut its rebar price by TRY 150/mt ($5/mt) to TRY 23,700/mt ($613/mt) ex-works, as compared to Tuesday, May 21, amid the ongoing currency fluctuations and sluggish demand. In addition, the mill has kept its wire rod price stable at $610/mt ex-works today. The exchange rate is taken as $1 = TRY 32.20 as the mill itself has not indicated any specific exchange rate.
$1 = TRY 32.20
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.
Deformed Bar
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