Turkish steel company CEO says confident on exports despite US tariffs
While the recent hike in US import tariffs imposed on Turkish steel surprised the market, steel producers in the country will find other ways to export their products, the CEO of a major steel company in Turkey said Tuesday.
The steel executive, who has asked not to be identified, said that he was confident that Turkey will find other outlets for its finished steel products as global demand good overall.
"China's domestic consumption is good and it's also not aggressive on the export side," he said, leaving further scope for Turkish export sales.
The Asian market has received further attention as of late, with two steel-producers selling larger volumes of rebar to Singapore and Hong Kong, while another steelmaker was heard to have sold a shipment to Singapore this week.
