As per its new price list dated March 14, 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 2,390/mt ($619/mt), for 10 mm rebar are at TRY 2,403/mt ($622/mt) and for 8 mm rebar are at TRY 2,415/mt ($626/mt), all ex-works and excluding VAT.
The mill's list prices have moved up by TRY 17/mt + VAT as compared to its previous price list issued on March 5, while due to currency fluctuations prices have decreased by $2-3/mt on US dollar basis.
$1 = TRY 3.86