Today, Wednesday, May 5, Icdas has increased its rebar price by TRY 120/mt ($10/mt) to TRY 6,700/mt ($680/mt) ex-works, as compared to the beginning of this week, due to the positive sentiment in the import scrap segment and on the back of its export bookings.
The producer has also issued its wire rod price at TRY 7,590/mt ($770/mt) ex-works, up by TRY 130/mt ($10/mt) on the same day.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.35