In August, the average export price of Turkish steel billet amounted to $403/mt, up $14/mt or 3.67 percent from July levels, but indicating a decrease of $723/mt or 64.2 percent from $1,127/mt in August 2008.
On the other hand, in the January-August period of the current year, Turkey's steel billet exports slid 30.61 percent year on year to 1.33 million mt, totalling a value of $524 million, down 67.61 percent compared to the corresponding period of the previous year.
Turkey's top ten steel billet export destinations in August this year:
Country |
Quantity (mt) |
55,000 |
|
United Arab Emirates |
55,000 |
45,000 |
|
Saudi Arabia |
28,500 |
17,750 |
|
6,000 |
|
5,750 |
|
5,000 |
|
5,000 |
|
3,400 |