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07 Nov
16:23

Icdas lifts domestic longs prices on scrap surge

Turkish long steelmaker Icdas has raised its domestic rebar prices by another TRY 30/tonne as scrap import prices grew further throughout the past week, Kallanish notes. The company's 12-32mm, 10mm, and 8mm diameter rebar prices are currently quoted at TRY 1,620/t ($510/t), TRY 1,630/t and TRY 1,640/t respectively, effective 7 November. The increase follows a hike by a combined TRY 100/t in the past week. Icdas' 5.5-8.5mm dia wire rod (…
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