According to the statistics released by the Istanbul Mineral and Metals Exporters' Association, in February this year Turkey's total steel pipe exports amounted to 126,998 tonnes decreasing by 0.56% YoY and up 22.24% MoM. Meanwhile, the revenue generated by these exports totaled USD 114.38 million down 15.99% compared to the same month of the previous year and up 23.25% over January.
In February, the average export price of Turkish steel pipes amounted to USD 900 per tonne up USD 7.41 per tonne or 0.83% from January and indicating a decrease of USD 165 per tonne or 15.52% compared to February 2009.
Turkey's top ten steel pipe export destinations in February 2010:
| Country | Volume |
| Algeria | 31,147 |
| Iraq | 16,249 |
| UK | 14,251 |
| Greece | 7,728 |
| Egypt | 6,941 |
| Ireland | 5,550 |
| Israel | 5,430 |
| Romania | 4,421 |
| Italy | 4,107 |
| Croatia | 3,709 |
In tonnes
On the other hand, in the first 2 months of 2010, Turkey's steel pipe exports fell 8.45% reaching 229,750 tonnes while the revenue of these exports totaled USD 204.78 million down 20.64% both compared to the corresponding period of 2009.
(Sourced from Steel Orbis)
