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05 Mar
16:11

Reduced MENA demand slashes Turkish billet exports

Turkish semi-finished product exports, the vast majority of which were billet, slumped -68% on-year in January to 59,231 tonnes, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. This was also down -12% versus December 2019. HS code 720711 billet accounted for 38,908t, of which Morocco sourced 35,625t, down -44%. Tunisia sourced just under 3,000t versus over 27,000t a year earlier. Compared to almost 23,000t and 20,000t last year,…
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