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02 Nov
16:08

Icdas rasies further longs prices on costlier scrap

Turkish long steelmaker Icdas has again increased its domestic rebar and wire rod prices, reflecting the ongoing increase in import scrap prices, Kallanish notes. Icdas' 12-32mm, 10mm, and 8mm diameter rebar prices have moved up by TRY 30/tonne each to TRY 1,570/t ($503/t), TRY 1,580/t and TRY 1,590/t respectively, effective 2 November. Earlier this week, the company hiked its rebar prices by TRY 50/t, following two more price increases by TRY 30/t…
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