Turkey’s rebar exports down 17.6 percent in Jan-Feb

Friday, 06 April 2018 15:13:50 (GMT+3)   |   Istanbul
       

In February this year, Turkey's rebar exports amounted to 471,234 metric tons, down 15 percent compared to January and decreasing by 29.1 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $261.1 million, decreasing by 6.23 percent compared to February 2017 and down 11 percent month on month.

In the first two months of the current year, Turkey's rebar exports amounted to 1.02 million mt, down 17.6 percent, while the value of these exports increased by 5.5 percent to $551.8 million, both year on year.

In the given period, Turkey's largest rebar export destination was Yemen which received 195,741 metric tons, up 1.58 percent year on year. Yemen was followed by Israel with 121,126 metric tons and the US with 106,000 metric tons.
 
Turkey's top 10 rebar export destinations in January-February:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Feb 2018

Jan-Feb 2017

Y-o-y change (%)

February 2018

February 2017

Y-o-y change (%)

Yemen

195,741

192,687

1.58

109,705

96,920

13.19

Israel

121,126

106,637

13.59

63,781

51,246

24.46

USA

106,000

311,833

-66.01

88,636

144,042

-38.47

Hong Kong

53,550

100,037

-46.47

-

79,339

-

Netherlands

48,215

10,000

382.15

24,169

10,000

141.69

Malaysia

44,399

21,789

103.77

9,749

14,531

-32.91

Germany

41,148

-

-

26,345

-

-

Ethiopia

34,293

53,901

-36.38

25,393

17,583

44.42

UK

29,459

27,940

5.44

12,036

23,000

-47.67

Lebanon

26,845

-

-

-

-

-

Turkey's main rebar export destinations on country basis in January-February are presented below:


Most Recent Related Articles

Turkish domestic rebar spot prices fall slightly in local currency

Turkish mill Icdas increases it rebar price by TRY 40/mt

Turkish mill Kardemir sells 60,000 mt of rebar

Turkish mill sells large rebar cargo to Hong Kong

Turkey’s wire rod exports down 31.6 percent in Q1