Turkish wire rod exports increase in May

Thursday, 12 July 2012 17:35:22 (GMT+3)   |  
According to the data provided by the Turkish Statistical Institute (TUIK), in May this year Turkey's total wire rod exports amounted to 116,358 metric tons, increasing by 22.9 percent month on month and up 7.35 percent over May 2011.

Meanwhile, the revenue generated by Turkey's wire rod exports in May totaled $77.66 million, increasing by 24.9 percent compared to the previous month and up 8.2 percent year on year.

On the other hand, in the first five months of 2012 Turkey's wire rod exports stood at 507,414 metric tons, down 0.8 percent year on year, while the total revenue of these exports amounted to $332.3 million, decreasing by 2.3 percent as compared to the corresponding period of the previous year.

Turkey's top 10 wire rod export destinations in the first five months of 2012:

 Country

Volume (mt)

Jan-May 2012

 Jan-May 2011

USA

 91,403

 85,874

Brazil

 77,011

 32,616

Israel

 38,046

 15,094

Singapore

 26,962

 29,432

Iraq

 25,222

 10,615

Libya

 20,438

 14,583

Peru

 18,845

 22,490

Ghana

 18,153

 5,039

Togo

 13,870

 2,779

Jordan

 13,721

 3,927


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