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08 Jul
15:47

Turkey's HR flats exports drop -32% in May

Turkish hot rolled (HR) flats exports decreased -31.8% year-on-year 75,626 tonnes in May as shipments to the USA and the UK ceased and those to MENA declined. The total average value/tonne of these exports fell to $392/t from $469/t, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. The drop follows a -15.8% y-o-y fall in exports in April, when shipments to the USA and Southern Europe plunged. Exports of HR wide strip declined -3…
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