Turkey’s rebar exports down 21.7 percent in January-October

Thursday, 07 December 2017 15:55:28 (GMT+3)   |   Istanbul
       

In October this year, Turkey's rebar exports amounted to 409,526 metric tons, up 63.7 percent compared to September and falling by 20.2 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $211.9 million, increasing by 8.74 percent compared to October 2016 and up 72 percent month on month.

In the first ten months of the current year, Turkey's rebar export volume amounted to 4.44 million mt, falling by 21.7 percent, while the value of these exports decreased by 8.3 percent to $1.95 billion, both year on year.

In the given period, Turkey's largest rebar export destination was the US which received 600,227 metric tons, down 44.22 percent year on year. The US was followed by Israel with 594,976 metric tons and Yemen with 498,390 metric tons.
 
Turkey's top 10 rebar export destinations in the January-October period:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Oct 2017

Jan-Oct 2016

Y-o-y change (%)

October 2017

October 2016

Y-o-y change (%)

USA

600,227

1,076,101

-44.22

-

110,652

-

Israel

594,976

555,925

7.02

65,838

46,475

41.66

Yemen

498,390

440,148

13.23

50,332

50,852

-1.02

Singapore

262,619

-

-

-

-

-

Iraq

198,424

309,524

-35.89

2,728

37,036

-92.63

Ethiopia

183,162

137,266

33.44

14,417

-

-

Canada

176,728

-

-

59,424

-

-

Hong Kong

175,860

-

-

-

-

-

UAE 

132,548

1,028,079

-87.11

137

9,069

-98.49

Egypt

117,087

707,855

-83.46

15,500

107,658

-85.60

 

Turkey's main rebar export destinations on country basis in the January-October period this year are presented below:


Similar articles

US rebar market banks on near-term stability

01 May | Longs and Billet

US import rebar offers stable week-on-week

30 Apr | Longs and Billet

Ex-Turkey longs prices stable, focus on Caribbean and Africa

30 Apr | Longs and Billet

Turkish domestic rebar spot prices follow diverse trends

29 Apr | Longs and Billet

Local Chinese longs market cautious ahead of holiday, price movement limited

29 Apr | Longs and Billet

Iskenderun-based Turkish mill revises its rebar price

29 Apr | Longs and Billet

Asian rebar market to keep rising, despite stable ex-China prices this week

26 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet