Today, Friday, April 16, Turkish mill Icdas has decreased its rebar price by TRY 70/mt to TRY 5,880/mt ex-works for rebar, while its US dollar-based price has been kept at $620/mt ex-works. The producer has also issued its wire rod price at TRY 6,735/mt ($710/mt) ex-works, down by TRY 75/mt in the local currency, while stable on US dollar basis. The producer has kept its long prices stable at $620 ex-works and $710/mt ex-works three weeks in a row.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.04