You are here: Home > Steel News > Latest Steel News > Turkey’s...

Turkey’s HR flat steel exports fall further in July

Wednesday, 26 September 2012 17:57:55 (GMT+3)   |  
       

According to the data provided by the Turkish Statistical Institute (TUIK), in July this year Turkey's total hot rolled flat steel exports amounted to 34,203 metric tons, decreasing by 35.1 percent compared to the previous month and down significantly compared to the 209,846 mt recorded in July 2011. Meanwhile, the revenue generated by these exports totaled $25.2 million, falling by 32.8 percent compared to June this year and down 84.2 percent compared to the same month of the previous year.

Turkey's hot rolled flat steel exports in the first seven months of the current year totaled 576,386 mt, decreasing by 55 percent compared to the same period of 2011.

HR flat steel exports to Italy, which was the largest hot rolled flat steel export destination of Turkey in 2011 accounting for 44 percent of total Turkish HR flat steel exports, decreased by 82.5 percent in the first seven months of the current year compared to the same period of 2011.

On the other hand, in July Turkey's cold rolled flat steel exports stood at 3,684 metric tons, decreasing by 26.7 percent compared to the previous month and down 77.6 percent year on year. In the first seven months of the current year, the country's cold rolled flat steel exports fell 38.4 percent compared to January-July 2011, amounting to 50,559 metric tons.

Turkey's top 10 hot rolled flat steel export destinations in July 2012:

 

Country

Quantity (mt)

July 2012

 July 2011

USA

6,800

 11,645

Romania

6,563

 3,688

Morocco

3,260

 7,119

Iraq

1,411

 288

Libya

1,091

 -

Bulgaria

1,063

 5,158

Yemen

867

 -

Iran

765

 71

Angola

639

 106

Gabon

585

 108


Similar articles

US hot-rolled coil pricing largely flat on the week following recent spot market slump

01 Nov | Flats and Slab

Flat steel prices in local Taiwanese market - week 44, 2024

31 Oct | Flats and Slab

Japan’s steel exports down 3.9 percent in January-September

31 Oct | Steel News

Local Indian HRC and CRC prices move down, trade still in holiday lull

30 Oct | Flats and Slab

Ex-China CRC offer prices see further declines

30 Oct | Flats and Slab

US hot-rolled coil pricing sharply lower on aggressive mill discounting programs as demand wanes

25 Oct | Flats and Slab

Turkish flat steel spot prices decrease, reflecting weakening outlook

24 Oct | Flats and Slab

Flat steel prices in local Taiwanese market - week 43, 2024

24 Oct | Flats and Slab

Ex-China CRC offer prices edge down

24 Oct | Flats and Slab

Local Indian HRC and CRC prices stabilize, trade silent due to holiday

21 Oct | Flats and Slab