Turkish PPGI exports down 46.56 percent in November

Friday, 24 January 2014 16:52:46 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in the first 11 months of 2013 Turkey's pre-painted galvanized iron (PPGI) exports amounted to 191,493 mt, increasing by a slight margin of 0.23 percent, while the revenue from these exports rose to $204.01 million, up 1.65 percent, both compared to the same period of 2012. Turkey's PPGI exports had totaled 202,032 metric tons in 2012.
 
In November last year, Turkey's PPGI exports decreased by 46.56 percent year on year to 7,918 metric tons, and were down 1.30 percent month on month. The revenue from these exports amounted to $9.11 million, down 42.31 percent year on year and increasing by 1.70 percent month on month. Bulgaria was Turkey's top export destination for PPGI in November last year, receiving 1,341 mt.
 
In the first 11 months of 2013, a significant decrease was recorded in Turkey's PPGI export volume to Russia, which fell by 24.69 percent year on year to 81,117 mt, due to high inventory levels and weak demand in the Russian market. Meanwhile, in the same period Turkey's PPGI exports to Azerbaijan increased by 71.02 percent to 18,000 metric tons.
 
Turkey's top 10 PPGI export destinations in the first 11 months of 2013:

CountryVolume (mt)
Jan-Nov.
  2013
Jan-Nov. 2012Nov. 2013Nov. 2012
Russia81,117107,7112134,052
Azerbaijan18,00010,5259742,111
Austria15,8611,689 - -
Romania13,2948,7521,0262,089
Libya10,2865,0721,119418
Bulgaria9,67710,0401,3411,425
Georgia6,2667,1657431,224
Algeria5,8951,1578831
Greece3,6891,03614174
Hungary3,1686365 -

Similar articles

Sales by Brazilian flat steel distributors show small increase in March

25 Apr | Steel News

US HDG imports up 20.9 percent in March

25 Apr | Steel News

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Turkish flats spot prices decline amid weak demand

25 Apr | Flats and Slab

Chinese HDG export prices rise further, but at slower pace

25 Apr | Flats and Slab

Ex-India HDG prices decline but not enough to drive trade amid still low bids

25 Apr | Flats and Slab

MOC: Average steel prices in China up slightly during April 15-21

25 Apr | Steel News

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab