Today, July 13, Turkish steelmaker Icdas A.S. has increased its official rebar price on lira basis by TRY 185/mt to TRY 14,825/mt ($720/mt) ex-works compared Thursday, July 7, to offset currency fluctuations. The supplier has also raised its wire rod price by TRY 200/mt to TRY 15,650/mt ($760/mt) ex-works. On US dollar basis, the rebar and wire rod prices have remained stable over the same period.
$1 = TRY 17.45