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02 May
09:08

Turkish rod export decline breaks 8-month growth streak

Turkish wire rod exports declined -10% on-year in March to 164,194 tonnes, bringing to an end eight consecutive months of increases, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. Their average value was $498/tonne versus $582/t in March 2018. Exports of round rod below 14mm diameter comprised 112,336t, of which Israel took 23,679t and Morocco took 14,813t versus 3,417t and only 243t respectively a year earlier. Spain an…
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