Turkey’s steel pipe exports decline in August

Thursday, 15 September 2011 12:09:55 (GMT+3)   |  
According to the data provided by the Istanbul Mineral and Metals Exporters' Association (IMMIB), in August this year Turkey's total steel pipe exports amounted to 104,674 metric tons, falling by 28.21 percent year on year. Meanwhile, the revenue generated by these exports totaled $114.89 million, regressing by 11.06 percent compared to August 2010.

In August this year, the average export price of Turkish steel pipe amounted to $1,098/mt, rising by $212/mt or 24 percent from August 2010 levels.

Turkey's top 10 steel pipe export destinations in August 2011:

Country

Quantity (mt)

 Iraq

12.862

 UK

11.635

 USA

11.404

 Romania

10.813

 Czech Republic

10.203

 Italy

6.607

 Netherlands

3.582

 Cameroon

3.346

 Georgia

3.062

 Morocco

2.785

Meanwhile, in the first eight months of 2011, Turkey's steel pipe exports fell by 0.55 percent, amounting to 1.08 million metric tons, while the revenue for these exports stood at $1.09 billion, increasing by 12.05 percent, both compared to the corresponding period of 2010.


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