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27 Nov
14:21

Icdas lowers rebar prices further

Icdas has lowered its rebar prices each by TRY 115/tonne ($22) versus last week to TRY 2,615/t ($499) for 12-32mm diameter, TRY 2,625/t for 10mm and TRY 2,635/t for 8mm rebar. The Turkish steelmaker also lowered wire rod prices by TRY 65/t to TRY 2,820-2,885/t, depending on size and grade. All prices are ex-works and exclude 18% VAT. Turkish mills have successfully pressured scrap merchants into lowering prices in recent weeks, amid sluggish long stee…
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