01
Apr
09:38
Turkish rod exports surge, prices plummet
Turkish wire rod exports surged 25% on-year in February to 140,030 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value, however, was $496/tonne versus $588/t in February 2018.
Exports of round rod below 14mm diameter comprised 85,448t, of which the Netherlands took in 26,000t compared to zero last year, and Israel took 12,294t, up 34%. Notably, Mauritania and Bosnia took in 3,800t and 3,5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous