Iskenderun-based Turkish mill decreases its longs prices by $10/mt

Tuesday, 18 February 2025 14:35:05 (GMT+3)   |   Istanbul

An Iskenderun-based Turkish mill has decreased its official rebar price by  TRY 300/mt ($10/mt) to TRY 24,000/mt ($551/mt) ex-works today, Tuesday, February 18, for an extended delivery period, compared to Wednesday, February 12 amid the ongoing currency fluctuations and sluggish demand. In addition, the producer has also cut its wire rod price by $10/mt, to $575/mt ex-works, also for an extended delivery period. The exchange rate is taken as $1 = TRY 36.28 as the mill itself has not indicated any specific exchange rate.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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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.

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