Today, January 26, Turkish steelmaker Icdas A.S. has kept its dollar-based longs prices stable as compared to Monday, January 22. The mill has increased its official rebar price on lira basis by TRY 625/mt to TRY 21,345/mt ex-works. The supplier also has hiked its wire rod price, by TRY 630/mt to TRY 21,680/mt ex-works, both compared to Monday, January 8. Both long product prices include 10 percent VAT.
The producer had raised its rebar and wire rod prices by $10/mt to $640/mt and $650/mt ex-works on Monday, January 22.
$1 = TRY 30.32