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03 Feb
14:11

Turkey’s rod exports halve in December

Turkish wire rod exports declined sharply in December, by -50.3% on-year to 104,116 tonnes, and were down -13% from November, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average price fell to $446/tonne in December versus $457.5/t in November and $539/t in December 2018. Exports of round rod below 14mm diameter comprised 51,056t, down -60% on-year. Israel was the main buyer, doubling its intake to 18,399t. This was followed…
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