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29 Mar
09:35

Turkish rebar exports sink to 8-month low

Turkish rebar exports declined -22% on-year in February to 362,658 tonnes, their lowest monthly tonnage since June 2018, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value was $458/tonne versus $554/t in February 2018. Israel and Yemen again helped prop up shipments, with intake of 86,805t and 85,352t respectively. This was up 38% in the case of Israel but down -21% in the case of Yemen. Singapore also chipped…
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