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02 Mar
11:17

Egypt surge drives Turkish rebar export growth in January

Turkey’s rebar exports increased 19.4% year-on-year to 636,503 tonnes in January, mainly driven by a surge in shipments to Egypt. Their average value/tonne declined to $327/t from $491/t a year ago, Kallanish calculates from the latest Turkish Statistical Institute (TUIK) data. The rise in exports follows four consecutive months of decline since September 2015. The United Arab Emirates (UAE) were Turkey’s largest export market in January as shipme…
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