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06 Apr
17:38

Icdas hikes domestic rebar prices by another TRY40/t

Turkish long steelmaker Icdas has again lifted its prices of rebar sold in the domestic market by TRY 40/tonne as scrap import prices keep rising, Kallanish notes. Icdas is currently offering its 12-32mm, 10mm and 8mm diameter rebar at TRY 1,490/t ($524), TRY 1,500/t and TRY 1,510/t respectively, as from 6 April. The prices were increased by TRY40/t on 4 April. The steelmaker has also raised its domestic wire rod prices by TRY 40/t to TRY 1,580-1,610/t for 5.…
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