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08 May
14:30

Turkey's first-quarter imports' rise, exports' fall worries TCUD

The rate of year-on-year increase in Turkish steel imports and the rate of decline in exports have accelerated in the period January to March. This is a warning sign for the coming months, according to the Turkish Steel Producers' Association (TCUD). Turkey's first-quarter steel imports rose 4.4% y-o-y to 4.2mt and their total value increased 26.3% to $3.5 billion. Semi product imports rose 18% to 1.5mt, flat steel imports fell -2.1% to 2mt, an…
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