As per its new price list dated September 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 3,144/mt ($518/mt), for 10 mm rebar are at TRY 3,165/mt ($521/mt) and for 8 mm rebar are at TRY 3,186/mt ($525/mt), all ex-works and excluding VAT.
The mill's list prices have moved up as compared to its previous price list issued on August 28, decreasing by TRY 59-60/mt, while due to currency fluctuations prices have increased by $3/mt on US dollar basis.
$1 = TRY 6.07