Today, July 18, Turkish steelmaker Icdas A.S. has raised its official rebar price on lira basis by TRY 35/mt to TRY 14,860/mt ($720/mt) ex-works compared to Wednesday, July 13, to offset currency fluctuations. The supplier has also increased its wire rod price by TRY 35/mt to TRY 15,685/mt ($760/mt) ex-works. The producer has kept its longs prices stable on US dollar basis.
$1 = TRY 17.49