As per its new price list dated June 25, 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 2,576/mt ($559/mt), for 10 mm rebar are at TRY 2,589/mt ($562/mt) and for 8 mm rebar are at TRY 2,602/mt ($564/mt), all ex-works and excluding VAT.
The mill's list prices have moved down by TRY 51/mt + VAT as compared to its previous price list issued on June 18, while due to currency fluctuations prices have increased by $2/mt on US dollar basis.
$1 = TRY 4.61