Today, March 25, Turkish mill Icdas has decreased its domestic 12-32 mm rebar offers on Turkish lira basis by a further TRY 40/mt to TRY 3,120/mt ex-works, in order to offset currency fluctuations. At the same time, the company’s offers on US dollar basis have increased by $3/mt to $413/mt ex-works.Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 6.40