Turkey’s HR flat steel exports rise 82.4 percent in 2011

Tuesday, 10 January 2012 14:33:23 (GMT+3)   |  
According to the statistics provided by Turkey's Steel Exporters' Association (CIB), in December 2011 Turkey's total hot rolled flat steel exports amounted to 49,245 metric tons, decreasing by 68.7 percent year on year and down 17.8 percent compared to November. Meanwhile, the revenue generated by these exports totaled $36.5 million, falling by 63.45 percent compared to December 2010 and decreasing 14.3 percent from the previous month. 
 
In 2011, Turkey's total hot rolled flat steel exports amounted to 1.68 million metric tons, climbing by 82.4 percent compared to 2010. In 2011, Turkey's hot rolled flat steel exports to Italy, which is the largest hot rolled flat steel export destination of Turkey, increased by 241 percent compared to the previous year, constituting 44 percent of the total HR flat steel exports of Turkey in the given period.

On the other hand, in 2011 Turkey's cold rolled flat steel exports stood at 138,919 metric tons, decreasing by 34.2 percent compared to 2010. Italy was Turkey's largest CR flat steel export destination in the period in question, with a volume of 25,780 mt, up 8.6 percent year on year.

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

Country

       Quantity (mt)

     2010

       2011

 Italy

   216,495

    738,143

 Spain

   131,928

    158,222

 Belgium

     46,407

      90,398

 Romania

     61,830

      84,322

 Greece

     61,707

      56,954

 Morocco

      8,385

      47,296

 UK

     21,544

      37,171

 USA

      2,382

      36,865

 Bulgaria

     10,519

      27,594

 Iraq

     16,736

      25,709


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