Turkey’s rebar exports down 13 percent in January

Tuesday, 10 March 2015 10:38:39 (GMT+3)   |   Istanbul
       

In January this year, Turkey's rebar exports amounted to 542,228 metric tons, decreasing by 13.13 percent year on year and down 28.1 percent from the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $264.9 million, decreasing by 26.8 percent compared to January 2014 and down 4.2 percent from the previous month.

In January of the current year, Turkey's largest rebar export destination was the UAE which received 104,587 metric tons, up 92.44 percent year on year. The UAE was followed by the US with 86,599 metric tons, up 80 percent, and Yemen with 57,326 metric tons, down 39.33 percent, both on year-on-year basis.

Turkey's top 10 rebar export destinations in January 2015:

Country

Amount (mt)

January 2015

January 2014

Y-o-y change (%)

UAE

104,587

54,349

92.44

US

86,599

48,108

80.01

Yemen

57,326

94,495

-39.33

Iraq

46,232

101,305

-54.36

Brazil

27,439

-

-

Kuwait

24,309

2,239

-

Israel

22,730

64,947

-65.00

Peru

21,400

22,139

-3.34

Libya

20,004

31,154

-35.79

Oman

14,993

-

-

Turkey's main rebar export destinations on country basis in January this year are presented in the chart below:


Similar articles

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

Rebar consumption in Mexico decreases 3.1 percent in January

27 Mar | Steel News

US rebar prices mostly stable with occasional deals

27 Mar | Longs and Billet

Downtrend reverses in Pakistan’s import scrap segment

27 Mar | Scrap & Raw Materials

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Iskenderun-based Turkish mill increases its rebar price      

27 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

US import rebar market remains quiet

26 Mar | Longs and Billet