Turkey’s steel pipe exports continue to fall in January

Wednesday, 08 February 2012 11:26:50 (GMT+3)   |  
According to the statistics provided by Turkey's Steel Exporters' Association (CIB), in January this year Turkey's total steel pipe exports amounted to 132,563 metric tons, falling by 5.2 percent year on year and down 16.15 percent compared to December 2011. Meanwhile, the revenue generated by these exports totaled $123 million, falling by 22.4 percent compared to January 2011 and down 3.2 percent month on month.

Turkey's steel pipe exports to the US increased strongly in the first month of 2012, while exports to EU-27 countries generally declined, both compared to the same month last year.

Turkey's top 10 steel pipe export destinations in January 2012:

Country

Quantity (mt)

January 2011

 January 2012

USA

        1,184

      33,673

UK

      17,814

      23,909

Iraq

      19,257

      14,141

Algeria

        8,462

       5,469

Germany

        4,904

       4,476

Romania

      10,851

       6,839

Belgium

        6,306

       5,714

Georgia

        1,091

       4,229

Morocco

             26

       4,480

Azerbaijan- Nakhchivan

           846

       3,646

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