Trade Resources Industry Views Turkey's Rebar Exports Decreased Slightly in Sept From Aug

Turkey's Rebar Exports Decreased Slightly in Sept From Aug

According to the data provided by the Turkish Statistical Institute (TUIK), in September this year Turkey's rebar exports amounted to 626,339 metric tons, decreasing by 6.41 percent year on year and down 0.26 percent from the previous month. Meanwhile, the revenue generated by these exports totaled $363.89 million, falling by 11.34 percent compared to September 2012 and down 0.92 percent from the previous month.

On the other hand, in the first nine months of the current year, Turkey's rebar exports stood at 5.95 million metric tons, down 5.06 percent year on year, while the total revenue of these exports amounted to $3.49 billion, decreasing by 12.37 percent as compared to January-September 2012.

In September this year, the largest rebar export destination for Turkey was the UAE with exports amounting to 124,084 metric tons. The UAE was followed by Iraq with 115,082 metric tons and Saudi Arabia with 59.429 metric tons. Meanwhile, in the first nine months of the year, Iraq remained Turkey's top rebar export destination, receiving 1.1 million metric tons.

Turkey's Rebar Exports Down Slightly in Sept From Aug

Turkey's top 10 rebar export destinations in January-September 2013:

 

Country Volume (mt)

Jan-Sept
  2013

Jan-Sept 2012

Sept 2013

Sept 2012

Iraq

1,099,143

881,328

115,802

108,913

UAE

869,299

734,110

124,084

70,899

Saudi Arabia

440,670

532,133

59,429

41,146

US

435,563

372,097

42,364

43,654

Yemen

395,686

327,083

16,944

26,137

Israel

387,095

348,338

56,287

22,505

Libya

298,724

230,325

24,298

34,869

Ethiopia

223,297

236,338

45,531

41,296

Peru

156,092

133,686

 -

1,304

Brazil

132,979

95,142

37,969

18,494

Turkey's main rebar export destinations on country basis in the first nine months of this year are presented in the chart below:

Turkey's Rebar Exports Down Slightly in Sept From Aug_1

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-rebar-exports-down-slightly-in-sept-from-aug-794784.htm
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Turkey's Rebar Exports Down Slightly in Sept From Aug
Topics: Metallurgy