Today, October 11, Turkish mill Icdas has increased its official rebar price by TRY 210/mt ($20/mt) to TRY 7,390/mt ($700/mt) ex-works as compared to Wednesday, October 6, amid increased scrap prices and the currency fluctuations during the same period.
The supplier has also issued its official wire rod price at TRY 8,450/mt ($800/mt) ex-works today, up by TRY 220/mt ($20/mt) over the same period.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.95