Today, Friday April 30, Icdas has increased its wire rod price by TRY 185/mt ($10/mt) to TRY 7,115/mt ($730/mt) ex-works, amid the positive sentiment in the scrap segment and on the demand side. The producer has also issued its rebar price today at TRY 6,140/mt ($630/mt) ex-works, up by TRY 75/mt, while stable on US dollar basis, amid currency fluctuations.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.26