Turkey’s rebar exports down 11.4 % in January-May

In May this year, Turkey’s rebar exports amounted to 399,478 metric tons, down 22.4 % compared to April and decreasing by 40.8 % year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $352.38 million, decreasing by 13.9 % compared to April and down 16.3 % year on year.

Meanwhile, in the January-May period of this year, Turkey’s rebar (rebar) exports amounted to 2.63 million metric tons, down 11.4 % year on year, while the revenue generated by these exports totaled $1.99 billion, increasing by 18.7 % compared to the same period of 2021.

In the given period, Yemen was the only Arab country among the top ten importers of rebar from Turkey, and came in second rank with a volume of 331,203 metric tons.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

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