Iskenderun-based Turkish mill raises its rebar price further

An Iskenderun-based Turkish mill has raised its official rebar price by another TRY 200/mt ($4/mt) to TRY 25,700/mt ($556/mt) ex-works in the afternoon today, April 30, for an extended delivery period. The producer has kept its 6.5 mm SAE 1008 grade wire rod price unchanged at $585/mt ex-works, also for an extended delivery period. The exchange rate is taken as $1 = TRY 38.51 as the mill itself has not indicated any specific exchange rate.