Turkey flat steel exports plunge 35% in February

Turkey exported 278,172 tonnes of flat steel products in February 2021, 34.37% less than the 423,881 tonnes exported in February 2020, the Turkish Statistical Institute (TÜIK) said on Wednesday March 31.

The lower volumes leaving Turkey in February reflect market uncertainty in October and November last year, when the orders were placed.

In October, demand for Turkish hot-rolled coil was moderate after the European Commission amended its quota limit for any single country exporting HRC into Europe to 30% of the overall total starting from October 1, a move that has...


Serife Durmus

March 31, 2021

16:08 GMT