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11 Jul
16:24

Europe demand lifts Turkey's May HR flats exports

Turkish hot-rolled (HR) flat steel exports more than trebled on-year in May thanks to a surge in shipments to Europe, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. HR flats exports jumped 241.6% y-o-y to 257,183 tonnes in May. The overall average value/tonne of these exports increased to $543/tonne from $392/t a year ago. Spain was Turkey's top HR flats export destination in May as its procurement soared to 41,204t f…
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