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09 Mar
00:00

Turkish rebar exports down 12%, prices plummet $85/t on-year in January

Turkish exports of rebar declined 12% year-on-year in January to 542,227 tonnes, while their average price plummeted to $489/t fob from $574/t in the corresponding month of 2014, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. The tonnage was also a significant reduction from the 754,300t exported in December 2014. Exports began 2015 tougher than previously expected and dampened optimism spurred in December by a 3% y-on-y incr…
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