Today, September 26, Turkish steelmaker Icdas A.S. has increased its official rebar price on lira basis by TRY 70/mt to TRY 15,250/mt (700/mt) ex-works, compared to Thursday, September 22, in order to offset currency fluctuations. The supplier has also raised its wire rod price by TRY 65/mt to TRY 15,900/mt ($730/mt) ex-works over the same period. The supplier has kept its longs prices stable on US dollar basis.
$1 = TRY 18.46