29
May
11:49
Turkish billet exports drop but Saudi demand returns
Turkish semi-finished product exports, the vast majority of which were billet, plummeted -66% on-year in April to 56,309 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. They were, however, level on-month.
HS code 720711 billet accounted for 55,779t, of which Saudi Arabia took 50,574t. This was slightly down on-year but represents the return of Saudi to sourcing billet from Turkey after trade slowed significantly followin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous