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Turkish steel billet exports down by 32pct YoY in 2011 - CIB
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Friday, 06 Jan 2012
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According to the data provided by Turkey's Steel Exporters' Association, Turkey's total steel billet exports amounted to 254,340 tonnes in December 2011, decreasing by 21.34% YoY and up by 58.5% MoM.

In December 2011, the revenue generated by Turkey's steel billet exports totaled USD 162.15 million, decreasing 11.76% YoY and up by 43.3% YoY.

Meanwhile, in 2011 Turkey's steel billet exports declined by 32.16% YoY to 2.4 million tonnes, while the revenue for these exports stood at USD 1.6 billion, down by 15.5% YoY.

In 2011, Turkey's steel billet exports to Saudi Arabia decreased by 1.6% YoY, while its steel billet exports to Egypt increased by 50% YoY. Syria's steel imports from Turkey have increased by 207% YoY in 2011.

Turkey's top 10 steel billet export destinations in 2011:

Country20112010
Saudi Arabia707,429718,676
Egypt424,009282,982
Syria183,10059,617
UAE161,469836,729
Morocco130,518121,906
Italy109,88851,128
Bangladesh91,67076,534
Peru54,375217
Tunisia49,82189,750
Sudan31,24812,550


In tonnes

(Sourced from SteelOrbis)
Visit www.steelorbis.com for more

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