Turkish mill Icdas hikes domestic longs prices further in local currency

Tuesday, 27 October 2020 12:33:26 (GMT+3)   |   Istanbul
       

Today, October 27 Turkish mill Icdas has hiked its domestic rebar price in the local currency by TRY 40/mt to TRY 4,410/mt ex-works, while its wire rod price has risen by TRY 30/mt to TRY 5,170/mt ex-works. However, due to currency fluctuations, on US dollar-basis the rebar price has decreased by $1/mt to $459/mt ex-works, while the wire rod price has slid by $3/mt compared to the previous level to $538/mt ex-works.

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

$1 = TRY 8.15


Most Recent Related Articles

Turkish mill Icdas’ local rebar price hits $700/mt ex-works

Turkish mills prioritize rebar exports and raise prices

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

Turkey’s Icdas longs prices inch up in local currency

Turkey’s Icdas again revised longs prices in Turkish lira