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20 Apr
16:59

Icdas reduces domestic longs prices after referendum

Turkey's Icdas has cut its rebar and wire rod prices for the domestic market, reflecting the slight appreciation of the lira after the result of last Sunday’s constitutional referendum, Kallanish notes. The scrap-based long steelmaker's 12-32mm, 10mm, and 8mm diameter rebar prices are now quoted at TRY 1,930/tonne ($529/t), TRY 1,940/t and TRY 1,950/t respectively. These are each down by TRY 40/t over the previous, 6 April price list upda…
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