21
Sep
16:49
Icdas raises domestic longs prices as lira weakens
Turkey's Icdas has made a second upward adjustment in its domestic rebar and wire rod prices in one week as the lira lost further value against the dollar, while scrap import prices fell, notes Kallanish.
The scrap-based steelmaker's 12-32mm, 10mm, and 8mm diameter rebar prices have each risen by another TRY 30/tonne to TRY 2,290/t ($653/t), TRY 2,300/t and TRY 2,310/t respectively on 21 September. This follows a TRY 30/t raise for each of the produ…
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Anonymous
Very good overview of the weekly steel market.
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