Turkey increases its billet exports in April over March

Friday, 08 June 2012 15:54:24 (GMT+3)   |  
According to the data provided by the Turkish Statistical Institute (TUIK), in April this year Turkey's steel billet and bloom exports amounted to 206,930 metric tons, decreasing by 9.6 percent year on year and up 179 percent compared to March this year. Meanwhile, in April the revenue generated by Turkey's steel billet exports totaled $129.2 million, increasing 178.5 percent compared to March this year and down 11 percent year on year.

Meanwhile, in the first four months of 2012 Turkey's steel billet exports declined by 18 percent to 656,147 metric tons, while the revenue for these exports stood at $403.2 million, down by 16 percent, both compared to the same period of 2011.

In the first four months of this year, Turkey more than doubled its steel billet exports to Saudi Arabia, while the country's steel billet exports to Iran and to UAE decreased by 42 percent and 78.4 percent respectively, all compared to the first four months of 2011.

Turkey's top 10 steel billet export destinations in April 2012:

Country

Quantity (mt)

April 2012

April 2011

Saudi Arabia

124,441

 62,023

Iran

55,954

 0

Egypt

23,993

 9,550

Israel

1,219

 2,918

Kenya

993

 5,683

UK

128

 10

Singapore

99

 0

Germany

36

 606

South Korea

21

 11

Romania

19

 8


Similar articles

Turkey’s billet exports up 11.9 percent in H1

07 Aug | Steel News

Turkey doubles its billet exports in May

09 Jul | Steel News

Ex-India billet prices under pressure, more sellers submit offers after local market slips

15 Jan | Longs and Billet

Billet sales in Turkey mainly local this week, import talks set aside for now

15 Jan | Longs and Billet

SE Asian end-users still await trend reversal, offers stable at high levels

15 Jan | Longs and Billet

India: Semi-finished stainless steel imports rise over 20% in CY'25; slab inflows offset billet decline

15 Jan | Steel News

Solb Steel signs MoU with NIDC for SBQ and round steel billet production

15 Jan | Steel News

Ex-Asia billet stable after last week’s increase, buyers start to accept prices

14 Jan | Longs and Billet

Ex-Russia billet sellers fail to raise prices in deals despite stronger scrap and China

14 Jan | Longs and Billet

Chinese domestic steel section prices rise slightly

12 Jan | Longs and Billet

Marketplace Offers

Billet
Length:  6 m
Edge Length1:  100 - 150 mm
Edge Length2:  100 - 150 mm
MODERN STEEL MILLS
Billet
Length:  3 - 6 m
Edge Length1:  100 mm
Edge Length2:  100 mm
SHATTAF STEEL IND. CO. LLC.
Billet
Length:  3 - 6 mm
Edge Length1:  125 mm
Edge Length2:  125 mm
SHATTAF STEEL IND. CO. LLC.