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30 Sep
14:27

Turkey’s rebar exports grow further in August

Turkish rebar exports rose by 13.4% year-on-year to 632,203 tonnes in August as mills preferred to source cheap Chinese billet instead of scrap during the month. The average price of these exports, however, decreased by $117/tonne to $406/t, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. This is the second consecutive month of growth in Turkish rebar exports after a rise of 1.8% y-o-y in July to 589,920t following two months of declin…
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