Today, March 16 Turkish steelmaker Icdas A.S. has issued its official rebar price at TRY 27,950/mt ($575/mt) ex-works, while also issuing its wire rod price at TRY 28,680/mt ($590/mt) ex-works, with increases of around TRY 295/mt ($5/mt) compared to March 12. Both prices include 10 percent VAT.
The workable rebar prices in the Marmara and Izmir regions currently vary at $570-585/mt ex-works.
$1 = TRY 44.19