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02 Mar
16:51

Icdas further raises domestic rebar prices

Turkey's Icdas implemented last week a second upward adjustment in its rebar prices for the domestic market in the space of a week, reflecting good demand and rising scrap and billet prices, notes Kallanish. The scrap-based long steelmaker's 12-32mm, 10mm, and 8mm diameter rebar prices have risen each by TRY 30/tonne to TRY 2,700/t ($707/t), TRY 2,710/t and TRY 2,720/t respectively, effective 2 March. This follows a hike of TRY 30/t earlier last wee…
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