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Foundry Daily News

13. September 2011

Turkish steel rebars exports in august down by 9pct YoY

According to the statistics provided by the Istanbul Mineral and Metals Exporters' Association, in August this year Turkey's rebar exports amounted to 475,861 tonnes decreasing by 4.8% YoY and down by 8.7% from the previous month of this year.

Meanwhile, the revenue generated by these exports totaled USD 342.8 million rising by 25.12% compared to August 2010 and falling 6.5% from the previous month of this year.

On the other hand, in the first 8 months of this year, Turkey's rebar exports stood at 4.62 million tonnes up 9.23% YoY while the total revenue of these exports amounted to USD 3.13 billion increasing by 32.86% as compared to August 2010.

In August, Turkey's rebar exports to UAE the largest rebar export destination of Turkey declined 17.63% while rebar exports to Israel increased 213% both compared to July this year.

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