Today, July 9, Turkish steel producer Icdas has kept its local rebar price at TRY 7,480/mt ($730/mt) ex-works amid currency fluctuations and very quiet local demand. The producer has also issued its wire rod price today at TRY 8,500/mt ($830/mt) ex-works. On US dollar basis, the producer has kept its long prices stable since Wednesday, July 7.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.68