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29 Nov
10:13

Turkish rebar exports hit 2022-low in October

Turkish rebar exports accelerated their downward trend in October, hitting a 2022-low. They plunged by 42.2% on-year to only 361,811 tonnes. They were also down from 502,191t in September, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average price was $683/tonne, down from $692/t in October 2021 but up from $671.5/t in September 2022. Despite a 37.5% on-year decline, Israel, a major destination, was the top market in Octobe…
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