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06 Feb
11:51

Icdas adjusts domestic rebar prices as scrap upticks

Turkish long steelmaker Icdas has revised upwards its domestic rebar prices after the direction of scrap import prices changed with a US-origin scrap booking last Friday, Kallanish notes. The company's 12-32mm, 10mm, and 8mm diameter rebar prices have increased each by TRY 30/t to TRY 1,710/tonne ($466/t), TRY 1,720/t and TRY 1,730/t, effective 6 February. Last week, Icdas slashed its rebar prices by a total of TRY 240/t following the sharp slump i…
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