Turkish mill Icdas cuts its rebar price slightly

Wednesday, 21 October 2020 14:29:29 (GMT+3)   |   Istanbul
       

Today, October 21, Turkish mill Icdas has cut its domestic rebar price in the local currency by TRY 20/mt to TRY 4,200/mt ex-works compared to Wednesday October 14, aiming to offset currency fluctuations. At the same time, the producer’s price on US dollar basis has risen by $4/mt at $454/mt ex-works.

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

$1 = TRY 7.84


Most Recent Related Articles

Turkish domestic rebar spot prices trend up amid stronger scrap

Turkish mills prioritize rebar exports and raise prices

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

Turkish domestic rebar spot prices soften in local currency    

Turkish domestic rebar spot prices increase slightly