Today, September 17, Turkish mill Icdas has hiked its domestic rebar price by TRY 20/mt compared to Monday, September 7, to TRY 4,120/mt ex-works to offset currency fluctuations. The producer’s price on US dollar basis has fallen by $3/mt to $463/mt ex-works.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 7.54