Turkey’s steel pipe exports rise 43.2 percent in September over August

Monday, 10 October 2011 14:10:10 (GMT+3)   |  
According to the data provided by the Istanbul Mineral and Metals Exporters' Association (IMMIB), in September this year Turkey's total steel pipe exports amounted to 149,866 metric tons, rising by 9.2 percent year on year and up 43.2 percent compared to August this year. Meanwhile, the revenue generated by these exports totaled $154.95 million, increasing by 24.71 percent compared to September 2010 and up 34.87 percent compared to the previous month.

In September this year, the average export price of Turkish steel pipe amounted to $1,034/mt, rising by $129/mt or 14.2 percent from September 2010 levels and up $64/mt from August.

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

Country

Quantity (mt)

 USA

   30,308

 Iraq

   17,577

 UK

   15,522

 Romania

   12,567

 Algeria

     9,720

 Czech Republic

     6,921

 Egypt

     6,483

 Morocco

     6,299

 Italy

     5,107

 Belgium

     3,807

Meanwhile, in the first nine months of 2011, Turkey's steel pipe exports rose by 0.32 percent, amounting to 1.23 million metric tons, while the revenue for these exports stood at $1.24 billion, increasing by 13 percent, both compared to the corresponding period of 2010.


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