Today, December 2, Turkish steelmaker Icdas A.S. has issued its official rebar price at TRY 22,145/mt ($580/mt) ex-works. The supplier has also issued its wire rod price at TRY 22,145/mt ($580/mt) ex-works. Both long product prices include 10 percent VAT. The prices indicate a TRY 670/mt ($20/mt) fall compared to Monday, November 25, with the mill cutting its longs prices in line with weaker import scrap prices and sluggish demand.
$1 = TRY 34.71