Turkish mill Icdas cuts its local rebar prices significantly

Monday, 23 March 2020 16:49:50 (GMT+3)   |   Istanbul

On Monday, March 23, Turkish mill Icdas has decreased its domestic rebar offers on Turkish lira basis by TRY 100/mt to TRY 3,200/mt ex-works due to the negative sentiment in the import scrap segment. As a result, Turkey’s Icdas 12-32 mm rebar price on US dollar basis has decreased by $18 to $411/mt ex-works compared to Thursday, March 19.   

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

$1 = TRY 6.60

Most Recent Related Articles

Turkish mill Icdas increases its longs prices further

Local Turkish rebar spot prices increase significantly

Turkish domestic rebar spot prices increase once again

Turkish domestic rebar spot prices rise in local currency

Turkish mill Icdas hikes domestic longs prices further in local currency