Turkish pipe exports surpass 1.7m tonnes in January-November 2012

Turkey’s exports of steel tube and pipe increased year-on-year by 13.9% from January to November, reaching 1.72 million tonnes, according to the Turkish Steel Pipe Manufacturers Assn (CEBID).

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The exports had a value of $1.59 billion, up by 4.5% year-on-year.

Data released by the Turkish Steel Exporters’ Assn (CIB) shows that pipe products made up 9.4% of the country’s total exports.

Over January-November 2012, Iraq was the biggest buyer of Turkish steel pipes, importing 337,531 tonnes. The USA ranked second with 285,219 tonnes, followed by the UK and Algeria, with 204,041 tonnes and 129,259 tonnes respectively.

On a monthly basis, Turkey’s steel pipe exports totalled 202,889 tonnes in November 2012, which is 58.2% higher than the corresponding month in 2011.

November’s exports had a total value of $180.8 million, up by 36.6% year-on-year.

European Union imports from Turkey recovered in November as demand in the region strengthened slightly, CEBID said, but Iraq was still the biggest importer from Turkey in November, taking 47,028 tonnes.

Algeria ranked second, importing 33,908 tonnes, and the USA third with 18,048 tonnes.

What to read next
Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.
Fastmarkets has decided to make changes and clarifications to its methodologies for nickel cobalt manganese (NCM) black mass price assessments, including name changes, to bring them into closer alignment with current spot market specifications.
An interview in which Andrea Hotter spoke with Jon Stibbs, managing editor for technology and energy metals, to explore a growing concern for global defense supply chains.
Fastmarkets invited feedback from the industry on the pricing methodology for its steel reinforcing bar (rebar), domestic, delivered Saudi Arabia price, as part of its annual methodology review process.
Fastmarkets has corrected its MB-STE-0816 Japan seamless Linepipe API 5L B fob and its MB-STE-0817 Japan seamless Linepipe API 5L X65 fob assessments, which were published incorrectly on Wednesday April 8 due to a procedural error.
Fastmarkets has decided to launch two weekly price assessments for graphite flake 94% C, -100 mesh and graphite flake 94% C, +80 mesh on an ex-works China basis on Thursday April 16.