SteelOrbis has been informed that Turkish producer Icdas’ 12-32 mm rebar prices in Turkey's Marmara region are now at TRY 1,754/mt ($497/mt) + VAT ex-works, while its rebar prices in Biga, Canakkale in northwestern Turkey are at TRY 1,729/mt ($490/mt) + VAT ex-works.
The mill’s list prices have moved up by TRY 25-26/mt + VAT as compared to its previous price list issued on July 5, while due to currency fluctuations prices have increased by $15-16/mt on US dollar basis.
$1 = TRY 3.53