SteelOrbis has been informed that Turkish producer Icdas’ 12-32 mm rebar prices in Turkey's Marmara region are now at TRY 2,746/mt ($557/mt) + VAT ex-works, while its rebar prices in Biga, Canakkale in northwestern Turkey are at TRY 2,712/mt ($550/mt) + VAT ex-works.
The mill’s list prices have moved up by TRY 43/mt + VAT for Biga and by TRY 51/mt + VAT for Istanbul as compared to its previous price list issued on July 25, while due to currency fluctuations prices have increased by $4/mt and $2/mt on US dollar basis, respectively.
$1 = TRY 4.93