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01 Jul
17:47

Turkey's billet imports decline, Malaysia dominates in May

Turkey imported 152,495 tonnes of billet in May at an average price of $540/tonne, marking a 51% decrease compared to the previous year, Kallanish notes. This was also a 38% decline from the previous month, according to Turkish Statistical Institute (TUIK) data. Malaysia was the primary supplier, with a 44% market share in May, by delivering 66,704 tonnes at an average price of $564/t. Over the January-May period, Malaysia ranked fourth overall in …
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