Turkish PPGI exports down 26 percent in H1

Tuesday, 05 August 2014 11:18:57 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in the first half of this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 83,256 mt, decreasing by 26.02 percent, while the revenue from these exports totaled $82.9 million, down 35.98 percent, both on year-on-year basis. Turkey's PPGI exports had totaled 202,109 metric tons in 2013. 

In June this year, Turkey's PPGI exports increased by 17.02 percent year on year to 25,569 metric tons, and were up 54.23 percent month on month. The revenue from these exports amounted to $25.67 million, up 9.43 percent year on year and increasing by 75.36 percent month on month.
 
With imports of 17,560 mt of PPGI from Turkey in June and 32,996 mt in the first half of the year, Russia was Turkey's leading PPGI export destination in the given periods, ahead of Azerbaijan and Romania. In the first half of this year, Azerbaijan's PPGI imports from Turkey decreased by 31.8 percent to 7,408 mt, while Romania received 6,970 mt of PPGI from Turkey, down 28.45 percent year on year. 

Turkey's top 10 PPGI export destinations in the first half of this year:

 

CountryAmount (mt)
H1 2014H1 2013Y-o-y change (%)June 2014June 2013Y-o-y change (%)
Russia32,99655,683-40.7417,56010,95160.35
Azerbaijan7,40810,862-31.81,1371,884-39.65
Romania6,9709,741-28.451,8361,63912.02
Bulgaria4,7055,056-6.94791942-16.03
Algeria3,8873,908-0.5474917-91.93
Pakistan3,828--2,13--
Libya3,3237,432-55.29435777-44.02
Austria2,7699,290-70.19181,417-98.73
Georgia2,6702,5843.3350237633.51
Hungary1,577503-22456-


Similar articles

US HDG imports up 10.6 percent in February

28 Mar | Steel News

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Chinese HDG export prices mainly stable, with negative bias in some offers

28 Mar | Flats and Slab

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Cleveland Cliffs announces US flat rolled steel increase

27 Mar | Flats and Slab

HDG consumption in Mexico up 12.0 percent in January

27 Mar | Steel News