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04 May
14:44

Turkey’s rebar exports decline in March

Turkey’s rebar exports went down by -9.8% year-on-year to 636,607 tonnes in March as their competitiveness was reduced by increasing scrap prices. The average value of these exports decreased to $329/tonne from $454/t a year earlier, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. The United Arab Emirates was Turkey’s largest rebar export market in March, despite the -2.7% y-o-y fall in intake to 162,711t. Egypt ranked…
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