Today, February 23, Icdas A.S. has raised its official rebar price by TRY 150/mt to TRY 12,050/mt ($740/mt) ex-works compared to the beginning of this week to offset currency fluctuations. The supplier has also increased its wire rod price by TRY 160/mt to TRY 13,350/mt ($820/mt) ex-works. The producer has kept its dollar-based longs prices stable over the same period.
$1 = TRY 13.80