Today, December 9, Turkish mill Icdas has increased its 12-32 mm domestic rebar prices by TRY 9/mt to TRY 2,585/mt ex-works, excluding 18 percent VAT, due to the depreciation of the Turkish lira against the US dollar. On US dollar basis, the supplier’s offers have increased by $1/mt to $445/mt ex-works.
$1 = TRY 5.81