It's reported that the Turkish steel long product manufacturer Icdas has cut its list prices for rebar further by TRY15/ton, due to depreciated Turkish lira and sluggish demand.
After the adjustment, its sales prices for rebar with diameter of 12-32mm are at TRY1,370/ton; those for rebar with diameter of 10mm are at TRY1,380/ton and those for rebar with diameter of 8mm are at TRY1,390/ton.
Icdas also cut its price for wire rods by TRY25/ton to TRY1,390~TRY1,455/ton.
The above price include 18% VAT.