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02 Sep
11:43

Turkish billet exports sink to two-year low

Turkish semi-finished product exports, the vast majority of which were billet, slumped -71% on-year in July to only 29,214 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. This is the lowest tonnage since April 2018. HS code 720711 billet accounted for 22,149t, with Morocco taking the entirety. Amid declining Turkish billet exports this year, the North African country has remained a stalwart market, sustaining its intake …
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