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31 Jul
11:22

Icdas raises domestic rebar prices on strong scrap

Turkish scrap-based long steelmaker Icdas has further increased its rebar prices for the domestic market as scrap import prices grew last week, Kallanish notes. The company's 12-32mm, 10mm, and 8mm diameter rebar prices are now up by TRY 30/t on-week at TRY 2,100/tonne ($596/t), TRY 2,110/t and TRY 2,120/t, effective 31 July. The move follows a raise by another TRY 30/t the week before.  The steelmaker's 5.5-8.5mm dia wire rod (SAE 1006) prices h…
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