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Turkey’s steel exports fall in June after rising for four straight months

Thursday, 01 July 2010 15:41:43 (GMT+3) |

According to the provisional foreign trade statistics compiled by the Turkish Exporters' Association (TIM), in June this year Turkey's steel exports totaled $1.07 billion in value, increasing by 19.86 percent year on year and down 9.72 percent over the previous month. Thus, in June Turkey registered the first month-on-month decrease in its steel exports after four consecutive months in which its steel exports posted a rising trend.

Meanwhile, Turkey's steel exports in the first half of this year totaled $5.85 billion, rising by 4.88 percent as compared to the corresponding period of 2009.

Turkey's top ten steel export destinations in the January-June period of 2010:

Country	Export value ($)	Year on year change (%)
UAE	592,562,067	32.54
Saudi Arabia	501,332,135	156.75
Egyot	399,852,618	-62.35
Iraq	388,437,975	-13.81
Libya	325,564,100	38.71
USA	252,439,230	103.71
Israel	187,020,729	43.01
Algeria	172,631,090	-58.19
Iran	153,313,834	15.42
Italy	138,486,996	-15.22

Tags: Turkey Europe Middle East Steelmaking Imp/exp Statistics

Turkey’s steel exports fall in June after rising for four straight months

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