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31 Jul
15:21

Turkish rebar exports slump despite Romania, Ethiopia surges

Turkish rebar exports slumped -19% on-year in June to 359,324 tonnes, only slightly higher than the 2018-low tonnage registered in May, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value, however, increased to $556/tonne from $427/t in June 2017. This was mainly due to a decline in shipments to Yemen and Israel, on which Turkish exporters have been relying heavily in recent months after the closure of other tr…
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