Turkish flat steel exports in April fall 15% year on year

Turkey exported 445,683 tonnes of flat steel products in April 2020, according to the Turkish Statistical Institute (TUIK).

This volume was down by 15.05% year on year from the 524,633 tonnes exported in April 2019, the institute said.
The reasons for the decrease in exports were strong local demand in Turkey in January when orders to be shipped in March-April were booked, and slower export markets because of quota limitations in key destination and the expectation for lower prices.



Serife Durmus

June 01, 2020

15:01 GMT