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16 Aug
18:54

Turkish billet exports plunge in June

Turkish billet exports under HS code 720711 plunged 57% on-year in June to only 38,616 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. The average price for June exports was $668/tonne versus $643/t in June 2021 and $823/t in May 2022. Morocco was by the far the biggest market, taking in 33,348t in June. A year earlier, Taiwan had taken in 44,982t but was nowhere to be seen this year. Dominican Republic took zero versus 24,0…
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