Today, September 28, Turkish mill Icdas has raised its domestic rebar price by TRY 140/mt to TRY 4,230/mt ex-works to offset currency fluctuations. The producer’s price on US dollar basis has increased by $3/mt to $461/mt ex-works compared to Friday, September 25.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 7.78