Turkish PPGI exports down 27.8 percent in July from June

Thursday, 04 September 2014 12:13:22 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in the January-July period of this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 101,712 mt, decreasing by 29.55 percent, while the revenue from these exports totaled $101.24 million, down 33.93 percent, both on year-on-year basis. Turkey's PPGI exports had totaled 202,109 metric tons in 2013.
 
In July this year, Turkey's PPGI exports decreased by 27.82 percent compared to June, amounting to 18,455 metric tons. The revenue from these exports amounted to $18.35 million, down 28.54 percent month on month.
 
With imports of 7,294 mt of PPGI from Turkey in June, down 58.46 month on month, and imports of 40,290 mt of PPGI in the first seven months of this year, down 40.95 percent year on year, Russia was Turkey's leading PPGI export destination in the given periods, ahead of Azerbaijan and Romania. In the first seven months, Azerbaijan's PPGI imports from Turkey decreased by 26.84 percent to 9,578 mt, while Romania received 8,164 mt of PPGI from Turkey in this period, down 18.44 percent year on year. 


Turkey's top ten PPGI export destinations in the first seven months of this year:

 

CountryAmount (mt)
January-July
  2014
January-July 2013Y-o-y change (%)July 2014June 2014M-o-m change (%)
Russia40,29068.227-40,957.29417.560-58,46
Azerbaijan9,57813.091-26,842.1701.13790,85
Romania8,16410,010-18,441.1941.836-34,97
Algeria7,0663,93279,703.17974-
Bulgaria5,5946,127-8,7089079112,52
Pakistan3,828197--2.130-
Libya3,6048,326-56,71281435-35,40
Georgia3,1303,0482,69461502-8,17
Austria2,76911,210-75,30-18-
Greece1,8263,457-47,181.012298-

Similar articles

Chinese HDG export prices mainly stable, with negative bias in some offers

28 Mar | Flats and Slab

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

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

28 Mar | Longs and Billet

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Cleveland Cliffs announces US flat rolled steel increase

27 Mar | Flats and Slab

HDG consumption in Mexico up 12.0 percent in January

27 Mar | Steel News

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

UAE’s HRC market still sluggish, offers from India fall slightly

27 Mar | Flats and Slab