Turkey’s rebar exports down eight percent in Jan from Dec

Friday, 03 February 2012 12:21:11 (GMT+3)   |  
According to the statistics provided by Turkey's Steel Exporters' Association (CIB), in January this year Turkey's rebar exports amounted to 761,383 metric tons, increasing by 52.6 percent year on year but down 7.9 percent from the previous month. Meanwhile, the revenue generated by these exports totaled $495 million, rising by 54.5 percent compared to January 2011 and down eight percent from the previous month.

In January this year, Turkey's rebar exports to the UAE, the largest rebar export destination of Turkey, decreased by 16 percent compared to the same month last year, while rebar exports to Singapore increased significantly in January 2012 compared to the very low export level recorded in the same month last year.

Turkey's top 10 rebar export destinations in January 2012:

Country

 Volume (mt)

 January 2011

January 2012

UAE

    133,521

    111,992

Iraq

      72,359

      80,079

US

      34,395

      78,141

Yemen

      22,917

      63,504

Egypt

      40,602

      54,663

Singapore

          183

      45,251

Saudi Arabia

      13,918

      38,022

Lebanon

      32,809

      27,475

Libya

      23,507

      25,748

Israel

      26,548

      20,702

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