Turkish steel exports fell 24.9 percent to 1.27 million tonnes
in August from 1.69 million tonnes in the same month last year,
according to data compiled by the Turkish Steel Exporters
Association and published by the Turkish Steel Producers
The exports were
valued at $950 million, down 25.8 percent from $1.28 billion in
the same comparison, the producers group said.
The biggest drop came
in billet, down 95 percent to 23,000 tonnes from 459,000 tonnes
in August 2012. Bar product exports of 614,000 tonnes fell 5.7
percent from 651,000 tonnes; wire rod exports totaled 75,000
tonnes, down 3.2 percent year on year from 78,000 tonnes in
August 2012; and coated flat steel exports fell 34.4 percent to
42,000 tonnes from 64,000 tonnes a year earlier.
However, tube and pipe
exports rose 7.6 percent to 163,000 tonnes, sections exports
were up 45.2 percent to 161,000 tonnes, and hot-rolled steel
exports gained 42 percent to 68,000 tonnes.
In the first eight
months of the year, hot-rolled steel exports increased 69
percent to 1.07 million tonnes, and cold-rolled exports gained
29 percent to 73,000 tonnes.
Tube and pipe exports
for the period rose 4.2 percent to 1.23 million tonnes, while
rebar exports declined 5 percent to 5.67 million tonnes.
Billet exports for the
eight-month period fell 39 percent year on year to 1.3 million
tonnes, exports of sections fell 3 percent to 1.13 million
tonnes, wire rod exports declined 13 percent to 659,000 tonnes
and coated flat steel exports inched 0.6 percent lower to
439,000 tonnes, the association said.
A version of this
article was first published in AMM sister publication Steel