15
Jan
00:00
Icdas reduces domestic rebar price $20 on low demand
Turkish long steelmaker Icdas has reduced its prices of rebar for domestic sales by TRY 45/tonne ($20/t). Sources tell Kallanish demand is weak due to winter affecting construction activity.
Icdas’ prices of 8mm, 10mm and 12-32mm diameter rebar are now at TRY 1,400/t, TRY 1,390/t and TRY 1,380/t respectively. The company also reduced its wire rod prices by the same amount to TRY 1,400-1,465/t. Icdas’ prices are on an ex-works basis and …
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Anonymous
Very good overview of the weekly steel market.
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