Today, November 16, Turkish mill Icdas has raised its domestic rebar price in the local currency by TRY 90/mt from the level of TRY 4,420/mt ($490/mt) recorded on Friday, November 13, to TRY 4,510/mt ($500/mt) ex-works, while its wire rod price prices are currently at TRY 5,190/mt ($574/mt) ex-works.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 7.66