Turkey’s rebar exports down 4.1 percent in January-October

Friday, 02 December 2016 14:29:29 (GMT+3)   |   Istanbul
       

In October this year, Turkey's rebar exports amounted to 513,308 metric tons, up 14.8 percent compared to September and rising by two percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $194.8 million, increasing by 8.9 percent compared to October 2015 and up 14.5 percent month on month.

In the January-October period of this year, Turkey's rebar exports amounted to 5.67 million mt, falling by 4.1 percent, while the value of these exports decreased by 17.55 percent to $2.12 billion, both year on year.
 
In the given period, Turkey's largest rebar export destination was the US which received 1,076,101 metric tons, down 4.87 percent year on year. The US was followed by the UAE with 1,028,079 metric tons and Egypt with 707,855 metric tons.
 
Turkey's top 10 rebar export destinations in the first ten months:

 

Country

Amount (mt)

     
 

Jan-Oct 2016

Jan-Oct 2015

Y-o-y change (%)

October 2016

October 2015

Y-o-y change (%)

USA

1,076,101

1,131,244

-4.87

110,652

101,855

8.64

UAE

1,028,079

1,144,188

-10.15

9,614

38,336

-74.92

Egypt

707,855

548,116

29.14

107,658

107,937

-0.26

Israel

555,926

380,929

45.94

46,475

51,682

-10.08

Yemen

440,148

210,828

108.77

50,852

-

-

Iraq

309,524

563,462

-45.07

37,036

54,303

-31.80

Ethiopia

137,266

219,696

-37.52

-

16,109

-

Colombia

130,475

81,784

59.54

11,953

14,608

-18.17

Oman

123,254

158,651

-22.31

-

17,212

-

Saudi Arabia

107,317

129,115

-16.88

-

6,776

-

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


Similar articles

Taiwan’s import scrap market recovers slightly

29 Mar | Scrap & Raw Materials

Stoppages and slowdowns in southern European longs production

29 Mar | Longs and Billet

Iskenderun-based Turkish mill revises its rebar price

29 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 29, 2024

29 Mar | Longs and Billet

Domestic rebar prices in Taiwan - week 13, 2024

29 Mar | Longs and Billet

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