Turkey’s rebar exports surged by nearly 47pct YoY in May 2024, according to data from the Turkish Statistical Institute (TUIK). Turkish rebar suppliers exported 303,000 tons during this period, also marking a 10pct increase compared to the previous month.
In the first five months of 2024, Turkey exported about 1.37 mln tons of rebar, reflecting a 24pct increase from the same period a year ago. Yemen was the top destination for Turkish rebar between January and May 2024, receiving 265,000 tons, up by over 27pct YoY. Other major destinations included Romania with around 121,000 tons and Albania with about 88,000 tons.
