Today, November 26, Turkish mill Icdas has opened its rebar and wire rod sales at TRY 10,680/mt ($750/mt) ex-works and TRY 12,105/mt ($850/mt) ex-works, respectively, at the current exchange rate. The supplier’s rebar and wire rod prices in the local currency have increased by TRY 770/mt and TRY 875/mt respectively since the beginning of this week. The exchange rate was at $1 = TRY 11.20 on Monday, November 22.
$1 = TRY 12.07