Today, July 7, Turkish steel producer Icdas has raised its local wire rod price by TRY 100/mt ($10/mt) to TRY 8,500/mt ($830/mt) ex-works amid relatively better demand than for rebar, as compared to its price on Monday, July 5. The producer has also issued its rebar price today at TRY 7,480/mt ($730/mt) ex-works, stable over the same period.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.68