Turkey ramps up billet exports by 65% in November

Earlier in 2020, Turkish producers had mostly preferred to serve the local market and avoid competition with other suppliers in the global arena, but November was marked with a surge in export billet sales.

However, the aggregated figures remained very low on annualized base, losing more than a half. The main support traditionally came from North Africa, first of all Morocco.

In November, local mills increased overseas billet shipments by 64.8% on annualized base to 58,368 t, according to the Turkish Statistical Institute (TUIK).

The lion share of the volumes was booked by Morocco (30,000 t) and Tunisia (24,000 t) during the reported month.

Despite an uptrend in billet sales in November, export performance remained insufficient over the eleven months of 2020. Turkey reduced billet sales to international customers by 50.4% to 597,814 t over the reported period.

Morocco remained the key billet buyer for Turkey, purchasing around 305,000 t or 51% from the total tonnages.


Share on twitter
Share on facebook

Related News


Latest News

About AISU

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.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org

All rights reserved Arab Iron and Steel Union | 1971 - 2022

Powered by Mohamed Hamed