Turkey’s steel billet exports fall in September

In September, the average export price of Turkish steel billet amounted to $719/mt, increasing by $21/mt or three percent from August.

Meanwhile, in the first nine months of 2011, Turkey's steel billet exports declined by 27.98 percent, dropping to 1.83 million metric tons, while the revenue for these exports stood at $1.23 billion, down by 8.41 percent, both compared to the corresponding period of 2010.

In the month in question, Turkey's steel billet exports to Saudi Arabia increased 21.17 percent, while its steel billet exports to Egypt increased 80 percent, both compared to August this year. Austria's steel imports from Turkey decreased by 21,5 percent in September from August levels.

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