Turkey’s Icdas raises longs prices by TRY 30/mt

Friday, 18 June 2021 16:27:38 (GMT+3)   |   Istanbul

Today, June 18, Turkish steel producer Icdas has increased its local rebar price by TRY 30/mt to TRY 7,470/mt ex-works to offset currency fluctuations. The producer has also issued its wire rod price today at TRY 8,490/mt ex-works, up by TRY 30/mt. The producer’s rebar and wire rod prices have remained unchanged on US dollar basis at $730/mt and $830/mt ex-works, respectively, since the beginning of this week.

Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.

$1 = TRY 8.67

Similar articles

No demand recovery yet in southern European longs market

31 Mar | Longs and Billet

Romania's longs prices stabilize despite bearish market outlook

30 Mar | Longs and Billet

MOC: Average steel prices in China decrease during March 20-26

30 Mar | Steel News

Turkey’s longs offers under pressure from low demand, expected lower production costs

29 Mar | Longs and Billet

Local Chinese longs prices down $15-20/mt, outlook not so bad

27 Mar | Longs and Billet

Iskenderun-based Turkish mill cuts its longs prices

27 Mar | Longs and Billet

Turkey’s Icdas cuts its longs prices as week begins

27 Mar | Longs and Billet

Longs market suffers in southern Europe, price rises still not fully accepted in Italy

24 Mar | Longs and Billet

Iskenderun-based Turkish mill issues its longs prices

24 Mar | Longs and Billet

Asian wire rod prices fall sharply with some offers even below billet quotations

24 Mar | Longs and Billet