Turkish mill Icdas raises its longs prices by $10/mt

Tuesday, 18 May 2021 11:57:39 (GMT+3)   |   Istanbul

Today, May 18, Turkish steel producer Icdas has increased its local rebar price by another TRY 100/mt ($10/mt) to TRY 7,390/mt ($750/mt) ex-works due to the positive sentiment in the import scrap segment.

The producer has also issued its wire rod price today at TRY 8,080/mt ($820/mt) ex-works, up by TRY 100/mt ($10/mt).

Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.

$1 = TRY 8.35

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