As per its new price list dated April 24, 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 1,593/mt ($442/mt), for 10 mm rebar are at TRY 1,602/mt ($445/mt) and for 8 mm rebar are at TRY 1,610/mt ($447/mt), all ex-works and excluding VAT.
The mill's list prices have moved down by TRY 25-26/mt + VAT as compared to its previous price list issued on April 17, while due to currency fluctuations prices have remained unchanged on US dollar basis.
$1 = TRY 3.60