Turkey’s steel billet exports down 32 percent in 2011

Meanwhile, in 2011 Turkey's steel billet exports declined by 32.16 percent to 2.4 million metric tons, while the revenue for these exports stood at $1.6 billion, down by 15.5 percent, both compared to 2010.

In 2011, Turkey's steel billet exports to Saudi Arabia decreased by 1.6 percent, while its steel billet exports to Egypt increased by 50 percent, both compared to 2010. Syria's steel imports from Turkey increased by 207 percent in 2011 on year-on-year basis.

Turkey's top 10 steel billet export destinations in 2011: