SteelOrbis has been informed that today, May 17, an Iskenderun-based Turkish mill has raised its rebar price by TRY 200/mt ($5/mt) to TRY 23,700/mt ($612/mt) ex-works, amid ongoing currency fluctuations and extended delivery periods, as compared to Wednesday, May 15. In addition, the mill has kept its wire rod price unchanged at $610/mt ex-works today. The exchange rate is taken as $1 = TRY 32.28 as the mill itself has not indicated any specific exchange rate.
$1 = TRY 32.28