Iskenderun-based Turkish mill issues its longs prices

Monday, 22 May 2023 15:40:57 (GMT+3)   |   Istanbul
       

SteelOrbis has been informed that today, May 22, an Iskenderun-based Turkish mill has issued its official mesh grade wire rod price at TRY 13,150/mt ($663/mt) ex-works, excluding VAT, falling by TRY 250/mt ($15/mt) compared to Wednesday, May 17, amid the ongoing currency fluctuations and the unclear financial situation in the country. Moreover, the mill has issued its rebar price at TRY 15,150/mt ($647/mt) ex-works today, falling by TRY 250/mt ($13/mt) over the same period. VAT is taken as 18 percent. The exchange rate is taken as $1 = TRY 19.83 as the mill itself has not indicated any specific exchange rate.


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