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30 Apr
18:27

Turkish rebar exports, prices slump in March

Turkish rebar exports slumped -21% on-year in March to 418,869 tonnes, but they rebounded from an eight-month low in February, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. The average value of March exports was $479.5/tonne versus $560/t in March 2018. Turkish mills continued to rely heavily on their stalwart markets, Yemen and Israel. Shipments to Yemen surged 93% on-year to 104,456t, while those to Israel grew 18% to 51,269t. …
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