03
Aug
11:30
Turkish rod exports slump despite higher Israel intake
Turkish wire rod exports slumped 17% on-year in June to 89,802 tonnes, also down 43% versus May, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish.
Their average price was $901/tonne versus $719/t in June 2021 and $918/t in May 2022.
Exports of round rod below 14mm diameter comprised 46,517t. Israel took 11,395t and Bulgaria 11,253t, the only countries to take more than 10,000t. This was compared to virtually zero in Bulgaria’s c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous