Turkish wire rod exports up 55.86 percent in July over June

Wednesday, 10 August 2011 16:48:37 (GMT+3)   |  
According to the statistics released by the Istanbul Mineral and Metals Exporters' Association (IMMIB), in July this year Turkey's total wire rod exports amounted to 118,714 metric tons, increasing by 55.86 percent month on month and up 5.38 percent over July 2010.

Meanwhile, the revenue generated by these exports totaled $85.9 million, increasing by 37.89 percent year on year and up 57.34 percent compared to the previous month.

In July, the average export price of Turkish wire rod amounted to $724/mt, up $7/mt or 0.98 percent from June levels and indicating an increase of $171/mt or 30.92 percent compared to July 2010. 

Turkey's top 10 wire rod export destinations in July 2011:

 

Country

Volume (mt)

Brazil

          20,416

Kenya

          16,922

USA

          12,555

Ivory Coast

            8,801

Israel

            8,730

Senegal

            7,930

Italy

            6,000

Benin

            5,700

Ghana

            4,874

Syria

            4,510


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