09
Oct
17:25
Icdas hikes domestic longs prices as lira weakens
Turkey's Icdas has raised notably its domestic long steel prices as scrap import prices rebounded and the Turksh lira depreciated against the US dollar, Kallanish notes.
The scrap-based long steelmaker's 12-32mm, 10mm, and 8mm diameter rebar is now offered at TRY 2,270/t ($608/t), TRY 2,280/t and TRY 2,290/t respectively, effective 9 October. This is up by TRY 90/t over the October 2 price update when prices were cut by TRY 110/t after scrap im…
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Anonymous
Very good overview of the weekly steel market.
Anonymous