One Iskenderun-based Turkish mill has cut its official rebar price by another TRY 200/mt ($6/mt) to TRY 24,300/mt ($561/mt) ex-works, for an extended delivery period, against the ongoing currency fluctuations and sluggish demand. In addition, the producer has kept its wire rod price at $585/mt ex-works, also for an extended delivery period. The exchange rate is taken as $1 = TRY 36.10 as the mill itself has not indicated any specific exchange rate.