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.