Today, September 21, Turkish mill Icdas has increased its domestic rebar price by TRY 10/mt compared to Thursday, September 17, to TRY 4,130/mt ex-works to offset currency fluctuations. The producer’s price on US dollar basis has fallen by $2/mt to $461/mt ex-works.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 7.60