Turkey’s steel pipe exports down 3.2 percent in February

Monday, 04 March 2013 15:40:20 (GMT+3)   |   Istanbul

According to the statistics provided by the Turkish Steel Pipe Manufacturers Association (CEBID), in February this year Turkey's total steel pipe exports amounted to 157,275 metric tons, decreasing by 3.2 percent compared to the same month of the previous year and up 28.9 percent compared to January. Meanwhile, the revenue generated by these exports totaled $141 million, falling 10.5 percent compared to February 2012 and up 22.1 percent month on month.

According to CEBID, the slight declining year-on-year trend observed in January this year continued in February, with steel pipe exports in the first two months of the year totaling 280 million mt, declining by 2.5 percent on year-on-year basis. The revenue generated by these exports totaled $256.5 million, falling 6.1 percent compared to January-February 2011.

In the first two months of this year, Turkey's biggest destinations for its steel pipe exports were Iraq, Algeria and the UK.

Turkey's top 10 steel pipe export destinations in February 2013:

 

Country

Volume (mt)

Feb 2013

Feb 2012

Iraq

28,473

26,397

Algeria

22,507

12,842

US

17,859

29,931

UK

13,846

18,967

Netherlands

9,395

5,966

France

7,938

3,724

Belgium

6,717

4,031

Romania

6,561

7,332

Poland

3,753

773

Germany

3,706

6,895

Other

36,518

45,595

TOTAL

157,275

162,453


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