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

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