Turkish mill Icdas raises its rebar price

Monday, 27 July 2020 12:21:41 (GMT+3)   |   Istanbul

Today, July 27, Turkish mill Icdas has hiked its domestic rebar price by TRY 40/mt to TRY 3,520/mt (435/mt) ex-works, up by $5/mt on US dollar basis, as compared to Friday, July 17, due to the positive sentiment in the scrap segment.

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

$1 = TRY 6.85

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