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06 Nov
12:40

Icdas hikes domestic longs prices

Turkey's Icdas has started the week with a TRY 40/tonne ($10.4/t) raise in domestic rebar prices, reflecting the hike in scrap import prices and further depreciation of the lira, notes Kallanish. The scrap-based long steelmaker's 12-32mm, 10mm, and 8mm diameter rebar is now quoted at TRY 2,390/t ($622/t), TRY 2,400/t and TRY 2,410/t respectively, effective 6 November. This follows increases by TRY 30/t last week and TRY 50/t the week before, mainly …
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