SteelOrbis has been informed that, today, April 17, an Iskenderun-based Turkish mill has hiked its rebar price by TRY 150/mt ($1/mt) to TRY 24,250/mt ($621/mt) ex-works, against the backdrop of the ongoing currency fluctuations. In addition, the mill has increased its wire rod price by $5/mt to $615/mt ex-works today. The exchange rate is taken as $1 = TRY 32.52 as the mill itself has not indicated any specific exchange rate.
$1 = TRY 32.52