Turkey’s Icdas revises its longs prices to offset currency fluctuations

Monday, 17 January 2022 13:49:32 (GMT+3)   |   Istanbul

Today, January 17, Turkish steelmaker Icdas A.S. has decreased its rebar price by TRY 15/mt compared to the end of last week to 11,320/mt ($710/mt) ex-works, against the backdrop of currency fluctuations. The supplier has also cut its wire rod price by TRY 20/mt to TRY 12,750/mt ($800/mt) ex-works over the same period. The supplier has kept its official rebar and wire rod prices stable on US dollar basis during the given period. Additional discounts are applicable for serious buyers only.

$1 = TRY 13.51

 

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor

I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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