Today, September 27, Turkish mill Icdas has raised its official rebar price by TRY 35/mt to TRY 7,020/mt ex-works to offset the currency fluctuations over the end of last week.
The supplier has also issued its official wire rod price at TRY 8,065/mt ex-works ex- today, up by TRY 35/mt over the same period. The producer has kept its official rebar and wire rod prices at $670/mt ex-works and $770/mt ex-works respectively since Monday, September 20.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.875