In November, the average export price of Turkish steel billet was $437/mt, down $2.63/mt or 0.6 percent from October levels, and indicating a decrease of $55/mt or 11.25 percent from $493/mt in November 2008.
On the other hand, in the January-November period of the current year, Turkey's steel billet exports slid 4.51 percent year on year to 2.25 million mt, totaling a value of $924.44 million, down 53.17 percent compared to the corresponding period of the previous year.
Turkey's top ten steel billet export destinations in November this year:
Country |
Quantity (mt) |
Saudi Arabia |
95,000 |
Thailand |
42,000 |
Malaysia |
40,500 |
UAE |
39,996 |
Hong Kong |
20,000 |
Tunisia |
19,650 |
Ethiopia |
16,940 |
Indonesia |
16,500 |
Egypt |
10,000 |
Libya |
7,500 |