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06 Jun
15:11

Icdas reduces domestic rebar prices

Turkish long steelmaker Icdas has reduced its prices of rebar for the domestic market amid an ongoing dispute between the domestic construction and steel industries over the recent rebar price increase, Kallanish notes. The scrap-based steelmaker's 12-32mm, 10mm, and 8mm diameter rebar prices have decreased to TRY 1,960/tonne ($557/t), TRY 1,970/t and TRY 1,980/t or by TRY 30/t each. The move comes after a raise by TRY 30/t on 14 May, fol…
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