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06 Apr
15:49

US drives Turkey's first-quarter steel exports drop

Turkish steel exports declined in the first quarter, affected by a plunge in shipments to the US, Kallanish learns from a statement by the Turkish Steel Exporters' Association (CIB). Turkey's steel exports fell -5.1% on-year to 4.9 million tonnes in Q1, including a -15% y-o-y decrease in March alone to 1.7mt. First-quarter shipments to the US, which is one of Turkey's most important steel export markets, dropped -40% y-o-y to 371,000t, hit …
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