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.