Turkey’s HR flat steel exports up 32.6 percent in Oct over Sept

Monday, 14 November 2011 09:26:02 (GMT+3)   |  
       

According to the statistics provided by the Istanbul Mineral and Metals Exporters' Association (IMMIB), in October this year Turkey's total hot rolled flat steel exports amounted to 100,598 metric tons, decreasing by 21.92 percent year on year and up 32.58 percent compared to September this year. Meanwhile, the revenue generated by these exports totaled $79.98 million, falling by four percent compared to October 2010 and decreasing 37.13 percent from September this year. 
 
In the January-October period, Turkey's total hot rolled flat steel exports amounted to 1.47 million metric tons, climbing by 185,38 percent compared to the January-October period of 2010.

Turkey's top 10 hot rolled flat steel export destinations in October 2011:

Country

Quantity (mt)

October 2010

October 2011

 Romania

     3,783

   14,128

 Greece

     6,633

   12,229

 Lebanon

     - 

     9,233

 India

     9,841

     8,321

 Ethiopia

     1,150

     6,544

 Morocco 

     - 

     5,461

 USA

     658

     5,161

 Iraq

     1,070

     4,137

 Nigeria

     - 

     2,977

 Spain

     18,630

     2,936


 
On the other hand, in the given month, Turkey's cold rolled flat steel exports stood at 14,000 metric tons, decreasing by 44.89 percent year on year and up 32.19 percent compared to September this year, while the total revenue of these exports amounted to $13.16 million, decreasing by 31.75 percent as compared to October 2010 and up 33.65 percent compared to the previous month.
 
Meanwhile, in the first 10 months of the year Turkey's cold rolled flat steel exports stood at 98,732 metric tons, decreasing by 25.91 percent compared to the same period last year. 

Turkey's top 10 cold rolled flat steel export destinations in October 2011:

Country

Quantity (mt)

October 2010

October 2011

 Italy

5,840

5,409

 Egypt 

911

1,510

 Israel

698

1,455

 Romania

1,695

1,058

 Ethiopia

2,759

633

 Nigeria

84

221

 Djibouti

-

206

 Ivory Coast

-

196

 Ghana

-

168

 Georgia

31

143


Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Flats and Slab

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

Stocks of main finished steel products in China up 4.0 percent in early March

14 Mar | Steel News

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab