As per its new price list dated November 15, 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 2,076/mt ($534/mt), for 10 mm rebar are at TRY 2,085/mt ($536/mt) and for 8 mm rebar are at TRY 2,093/mt ($538/mt), all ex-works and excluding VAT.
The mill’s list prices have moved up by TRY 25/mt + VAT as compared to its previous price list issued on November 14, while due to currency fluctuations prices have increased by $5/mt on US dollar basis.
$1 = TRY 3.89