Today, May 20, Turkish mill Icdas has decreased its rebar price by TRY 30/mt to offset currency fluctuations compared to Monday, May 18. Its new price is at TRY 3,250/mt or $405/mt ex-works, with just a minor change in the dollar price.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 6.80