As per its new price list dated October 10, Turkish steel producer Bastug Metalurji has revised its domestic rebar prices. Accordingly, Bastug Metalurji's domestic rebar quotations for 12-32 mm rebar are at TRY 1,949/mt ($530/mt), for 10 mm rebar are at TRY 1,958/mt ($532/mt) and for 8 mm rebar are at TRY 1,966/mt ($534/mt), all ex-works and excluding VAT.
The mill’s list prices have moved up by TRY25-26/mt + VAT as compared to its previous price list issued on October 9, while due to currency fluctuations prices have increased by $8-9/mt on US dollar basis.
$1 = TRY 3.68