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

Thursday, 29 April 2021 14:03:17 (GMT+3)   |   Istanbul

Today, Thursday, April 29, Icdas has decreased its rebar price by TRY 125/mt to TRY 6,065/mt ex-works, as compared to Monday, April 26. The producer has also issued its wire rod price at TRY 6,930/mt ex-works, down by TRY 145/mt over the same period. The producer has kept its longs prices stable on USD basis at $630/mt ex-works and $720/mt ex-works respectively since Monday, April 19.

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

$1 = TRY 8.16

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