Turkey's steel export volume down 6.6 percent in Jan-Oct

Monday, 02 December 2013 11:41:55 (GMT+3)   |   Istanbul
       

According to the data announced by the Turkish Iron and Steel Producers' Association (TCUD), in October this year Turkey's steel imports totaled 1 million mt, decreasing by 10 percent year on year, while the value of these imports fell by 6.7 percent year on year to $920 million. Meanwhile, in the given month Turkey's steel exports fell 17.6 percent to 1.54 million mt, with a value of $1.20 billion, down 16.1 percent, both year on year.
 
In October this year, Turkey's slab imports decreased by nine percent to 140,000 mt, its billet imports declined by 32.2 percent to 140,000 mt, flat product imports moved down by 8.3 percent to 561,000  and long product imports rose by 17.7 percent to 102,000 mt, all year on year. In the given month, Turkey's billet exports fell by 81.2 percent to 66,000 mt, its slab exports decreased by 62.2 percent to minimal levels, flat product exports were down 28.8 percent to 111,000 mt and long product exports increased by 1.8 percent to 949,000 mt, all compared to October 2012.
 
In the January-October period of the current year, Turkey's steel imports increased by 24 percent to 12.05 million mt, with a total value of $10.48 billion, up 12.8 percent, both year on year. In this period, Turkey's billet imports increased by 22 percent to 2.53 million mt, its slab imports rose by 199.5 percent to 1.74 million mt, flat product imports increased by 9.9 percent to 5.99 million mt and long product imports increased by 7.2 percent to 1.18 million mt, all year on year.
 
In the first 10 months this year, Turkey's steel exports fell by 6.6 percent to 15.81 million mt, with a value of $13.09 billion, down 8.4 percent, both compared to the same period of 2012. In this period, Turkey's billet exports decreased by 46.5 percent to 1.42 million mt, flat product exports increased by 35.6 percent to 1.96 million mt and long product exports decreased by 5.1 percent to 9.32 million mt, all year on year.

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