Turkish mill Icdas further cuts its rebar price in local currency

Tuesday, 24 March 2020 12:09:22 (GMT+3)   |   Istanbul
       

Today, March 24, Turkish mill Icdas has decreased its domestic rebar offers by another TRY 40/mt in the local currency to TRY 3,160/mt ex-works to offset currency fluctuations. At the same time, Turkey’s Icdas 12-32 mm rebar price on US dollar basis has declined by just $1/mt to $410/mt ex-works.  

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

$1 = TRY 6.53

 


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