14
Apr
01:00
Turkish exporters seek new markets after Q1 shipments fall 8.8%
Turkish steel exports declined -8.8% year-on-year in the first quarter to 4.21 million tonnes. This happened as the three months came to an end with worsening geopolitical conditions in the crucial Middle East and Africa market, the Turkish Steel Exporters’ Association (CIB) tells Kallanish. The value of these exports was down 20% to $2.77 billion.
Despite the shadow cast by the security deterioration in Yemen, exports to the Middle East increased 7.8%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous