Today, Thursday, May 6, Turkish steel producer Icdas has raised its rebar price by TRY 180/mt ($20/mt) to TRY 6,880/mt ($700/mt) ex-works, amid the positive sentiment in the import scrap segment and its mostly filled export order books.
The producer has also issued its wire rod price at TRY 7,660/mt ($780/mt) ex-works, up by TRY 70/mt ($10/mt) on the same day.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 8.32