Today, March 27, Turkish mill Icdas has further decreased its domestic 12-32 mm rebar offers on Turkish lira basis by TRY 40/mt to TRY 3,020/mt ex-works amid currency fluctuations. At the same time, the company has reduced its rebar offers on US dollar basis by $7/mt to $396/mt ex-works.
Prices on Turkish lira basis include 18 percent VAT, while offers on US dollar basis do not.
$1 = TRY 6.46