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29 Nov

Turkey’s October rebar exports slump amid war

Turkish rebar exports, which had been rising steadily since May, fell in October. Amid the outbreak of war in the Middle East, they decreased by 19.1% on-year to 288,999 tonnes. This was compared to 303,252t in June, 328,109t in July, 369,107t in August and 409,309t in September. The average recorded October price was $590.5/tonne, versus $684/t in October 2022 and $565/t in September 2023, according to Turkish Statistical Institute (TUIK) data monitored by Kalla…
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