According to the preliminary statistics provided by Turkey's Steel Exporters Association, in January this year Turkey's total steel product exports amounted to 1.59 million tonnes decreasing by 10.45% compared to the previous month of December and up 32.74% YoY.
In January, rebar exports accounted for 47.75% of Turkey's total steel product exports while billet exports constituted 17% exports of steel pipes and fitting parts made up 8.3% exports of steel section constituted 8.25%, wire rod exports accounted for 5% and flat steel exports accounted for 4.1%.
In January 2012, Saudi Arabia was Turkey's largest destination for steel exports receiving 259,927 tonnes almost quintupled YoY. Turkey's steel product exports to the US and Singapore also saw significant increases.
Turkey's top 10 steel export destinations in January 2012 are as follows:
| Country | Jan '12 | Jan '11 |
| Saudi Arabia | 259,927 | 52,167 |
| Iraq | 138,534 | 124,711 |
| US | 132,855 | 52,516 |
| UAE | 127,981 | 181,107 |
| Egypt | 89,711 | 81,293 |
| Yemen | 65,294 | 25,982 |
| Singapore | 59,077 | 1,332 |
| Israel | 43,429 | 53,455 |
| Libya | 38,808 | 39,693 |
| Lebanon | 38,373 | 37,412 |
In tonnes
(Sourced from Steel Orbis)
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