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28 Jun
15:40

Turkish rebar exports rebound to 7-month high

Turkish rebar exports rebounded in style in May, more than doubling each on-year and on-month to 707,087 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. It was the highest monthly tonnage since October 2018 after April 2019 had seen a 19-month low. The average price of May rebar exports, however, was $480/tonne versus $565/t in May 2018. Besides higher intake by stalwart markets Yemen and Israel, the May export…
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