Turkey’s rebar exports down eight percent in Jan from Dec

Friday, 03 February 2012 12:21:11 (GMT+3) |

According to the statistics provided by Turkey's Steel Exporters' Association (CIB), in January this year Turkey's rebar exports amounted to 761,383 metric tons, increasing by 52.6 percent year on year but down 7.9 percent from the previous month. Meanwhile, the revenue generated by these exports totaled $495 million, rising by 54.5 percent compared to January 2011 and down eight percent from the previous month.

In January this year, Turkey's rebar exports to the UAE, the largest rebar export destination of Turkey, decreased by 16 percent compared to the same month last year, while rebar exports to Singapore increased significantly in January 2012 compared to the very low export level recorded in the same month last year.

Turkey's top 10 rebar export destinations in January 2012:

Country	Volume (mt)
Country	January 2011	January 2012
UAE	133,521	111,992
Iraq	72,359	80,079
US	34,395	78,141
Yemen	22,917	63,504
Egypt	40,602	54,663
Singapore	183	45,251
Saudi Arabia	13,918	38,022
Lebanon	32,809	27,475
Libya	23,507	25,748
Israel	26,548	20,702

Turkey’s rebar exports down eight percent in Jan from Dec

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