An Iskenderun-based Turkish mill issued its official rebar price at TRY 28,300/mt ($564/mt) ex-works and set its workable rebar price at TRY 27,700/mt ($552/mt) earlier today, October 13, for a seven-day delivery period. The producer's workable rebar prices stand at TRY 27,800/mt($554/mt) ex-works for a 10-day delivery period.
The producer has kept its 6.5 mm SAE 1008 grade wire rod price unchanged at $570/mt ex-works so far, also for an extended delivery period.
The exchange rate is taken as $1 = TRY 41.80 as the mill itself has not indicated any specific exchange rate.