Today, March 25, Turkish steelmaker Icdas A.S. has issued its official rebar price at TRY 29,305/mt ($600/mt) ex-works, while also issuing its wire rod price at TRY 30,040/mt ($615/mt) ex-works, with increases of around TRY 505/mt ($10/mt) compared to March 23. Both prices include 10 percent VAT.
The workable rebar prices in the Marmara and Izmir regions currently vary at $585-600/mt ex-works.
$1 = TRY 44.40