Today, November 25, Turkish steelmaker Icdas A.S. has issued its official rebar price at TRY 22,815/mt ($600/mt) ex-works. The supplier has also issued its wire rod price at TRY 22,815/mt ($600/mt) ex-works. Both long product prices include 10 percent VAT. The prices indicate a TRY 240/mt ($10/mt) fall compared to Thursday, November 14, with the mill cutting its longs prices in line with weaker import scrap prices and sluggish demand.
$1 = TRY 34.57
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