Turkish mill Icdas cuts its local rebar price again

Monday, 30 March 2020 12:10:39 (GMT+3)   |   Istanbul
       

On Monday, March 30, Turkish mill Icdas has decreased its domestic 12-32 mm rebar offers by TRY 20/mt compared to the end of last week to TRY 3,000/mt ex-works in order to offset currency fluctuations. As a result, the company’s offer price on US dollar basis has declined by $4/mt to $392/mt ex-works.

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

$1 = TRY 6.49 

 


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