Turkey's steel exports down 4.7 percent in January-October

Tuesday, 02 December 2014 13:43:49 (GMT+3)   |   Istanbul
       

In the January-October period of this year, Turkey's steel exports decreased by 4.7 percent year on year to 15.04 million mt, while the value of these exports totaled $12.76 billion, down 2.4 percent, both on year-on-year basis, according to the data released by the Turkish Iron and Steel Producers' Association (TCUD).  In the given period, Turkey's steel pipe exports totaled 1.52 million mt, up 0.5 percent, while billet and bloom exports decreased by 64.3 percent to 507,000 mt, long steel exports fell by 0.6 percent to 9.25 million mt and flat steel exports increased by 5.2 percent to 2.07 million mt, all on year-on-year basis. Meanwhile, in the first 10 months of the current year, Turkey's slab exports surged to 36,000 mt, while almost no slab exports were recorded from Turkey in the same period of 2013.
 
In October alone, Turkey's steel exports increased by 2.3 percent year on year to 1.46 million mt, while the value of these exports totaled $1.23 billion, up 3.7 percent, both on year-on-year basis. In the given month, Turkey's billet and bloom exports declined by 91.2 percent to 6,000 mt, long steel exports decreased by 3.1 percent to 902,000 mt, flat steel exports rose by 108 percent to 230,000 mt and steel pipe exports decreased by 7.6 percent to 145,000 mt, all on year-on-year basis. Meanwhile, in the given month, Turkey's slab exports reached 10,000 mt, while no slab exports were recorded from Turkey in the same month of 2013

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