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03 Jul
01:00

China-origin steel imports in Turkey double in May, driven by billet

Turkey’s steel imports from China jumped by 113% year-on-year to 153,000 tonnes in May due to aggressive pricing, the Turkish Steel Producers’ Association (TCUD) says in a statement seen by Kallanish. In terms of value China-origin steel imports rose by only 2% to $124 million. No slab imports were registered from China in May, but billet imports surged to 60,000t from almost zero a year ago. Flats imports grew 49.2% to 60,000t, longs import…
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