Turkish wire rod exports up 16.4 percent in Q1

Thursday, 10 May 2012 17:27:18 (GMT+3)   |  
According to the data provided by the Turkish Statistical Institute (TUIK), in March this year Turkey's total wire rod exports amounted to 122,590 metric tons, increasing by 15.5 percent month on month and down three percent from March 2011.

Meanwhile, the revenue generated by Turkey's wire rod exports in March totaled $78.8 million, increasing by 13.6 percent compared to the previous month and down 6.15 percent year on year.

On the other hand, in the first quarter of 2012 Turkey's wire rod exports stood at 296,772 metric tons, up 16.4 percent year on year, while the total revenue of these exports amounted to $192.6 million, increasing by 14.1 percent as compared to the corresponding period of the previous year.

Turkey's top 10 wire rod export destinations in the first quarter 2012:

Country

 Volume (mt)

 Q1 2012

 Q1 2011

USA

 70,602

 39,128

Brazil

 39,751

 12,942

Singapore

 26,962

 18,300

Israel

 19,235

 11,989

Libya

 14,872

 14,583

Iraq

 12,703

 7,559

Senegal

 10,854

 5,291

Ghana

 9,040

 217

Peru

 8,015

 8,234

Jordan

 5,778

 3,927


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