Unexpected increase in Icdas rebar and wire rod prices

İçdaş opened rebar and wire rod prices dated June 7, 2023 for sale. While the factory's dollar-based prices remained flat, rebar prices in Turkish lira against the rapidly rising exchange rate increased by 7.4 percent to 17,732tl including VAT and wire rod prices to 15,259tl excluding VAT. While prices fluctuate depending on the exchange rate, as of 11:45 am, the exchange rate was evaluated at 23.12.

Icdas price list:

Biga;

Rebar (12-32mm) 650$

Plain Wire Rod 660 $

Deformed Wire Rod 670 $

İstanbul;

Rebar (12-32mm) 665$

Plain Wire Rod 675$

Deformed Wire Rod 685$