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09 Feb
14:33

Japan deal seen slashing Turkish exports to US

Turkish steel executives are concerned that exports to the US could fall by 80% following the US deal to remove the 25% tariff on a certain tonnage of imports from Japan. The US will allow up to 1.25 million tonnes/year of steel imports from Japan effective 1 April (see Kallanish passim). Turkey exported approximately 3m t/y of steel to the US until 2018, points out Turkish Steel Exporters' Association (CIB) vice president Uğur Dalbeler. This declined to 300,…
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