30
Jun
13:01
Rebar exports from Turkey more than halve
Turkish rebar exports decreased sharply in May, by -56.7% on-year to 302,457 tonnes. They were also down from 389,915t in April, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. The average sales price was $415/tonne versus $480/t in May 2019 and $438/t in April 2020.
Singapore, surprisingly, was the largest destination with 52,261t in May, up 26% on-year and versus zero in April. Israel, traditionally one of Turkey’s main rebar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous