Global Biz & Investment

Where Turkish Steel is going? (April 2020)

johnny77 2020. 4. 25. 02:54
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Turkish Currency Status : Source from FT

Turkish Currency Value hit the historically lowest level as of Apr 2020.

In 2018, Turkish Mills enjoyed exporting to Europe Market with the high exchange rate. But now Europe Market can't import as much as 2018 due to pandemic.

Turkish Mills will try to sell their products south Asia like Hongkong or Singapore Trading Market with the world cheapest level.

If u have the Big Qty bid, it is good timing for purchasing from Turkish Mills.

#turkey #lira #turkishsteel #SteelTrading #exporting