On April 2, Turkish mill Icdas has hiked its domestic 12-32 mm rebar offers by TRY 40/mt to TRY 3,080/mt ex-works amid currency fluctuations. At the same time, the company’s US dollar-based offer price has increased by $5/mt to $391/mt ex-works.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 6.67