Turkish steel exports to EU down by 43pct in H1

  • Thursday, August 30, 2012
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  • Keywords:steel Turkish
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According to the data provided by the Turkish Statistical Institute, Turkey's steel product exports to the European Union in the H1 of 2012 fell by 43.2% YoY to 1.35 million tonnes.

The region was one of Turkey's major export markets in the H1 of 2011 accounting for 23.8% of its total steel product exports in this period. In January to June 2011, steel product exports from Turkey to the EU had increased by 117.6% YoY.

In the H1 of this year, Turkey's steel product exports to Italy amounted to 217,665 tonnes down 75% compared to January to June 2011. In the given period, Turkey's steel exports to the EU included 59,080 tonnes of steel section, 36,694 tonnes of rebar, 33,385 tonnes of wire rod, 24,347 tonnes of steel billet and 2,221 tonnes of steel pipes.
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