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Turkey’s rebar exports increase by 34.7% in H1 2021

In June this year, Turkey’s rebar exports amounted to 681,787 metric tons, up 1.1 percent compared to May and increasing by 42.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK).

The revenue generated by these exports totaled $433.47 million, increasing by 3.0 percent compared to May and up 122.8 percent year on year.

Meanwhile, in the January-June period of this year, Turkey’s rebar exports amounted to 3.65 million metric tons, up 34.7 percent year on year, while the revenue generated by these exports totaled $2.11 billion, increasing by 83.0 percent compared to the same period of 2020.

In the given period, Turkey’s largest rebar export destination was Israel which received 502,697 metric tons, up 36.88 percent year on year. Israel was followed by Singapore with 489,865 metric tons and Yemen with 489,865 metric tons.

Among the Arab countries importing rebar in this period were Yemen with 489,865 metric tons and Iraq with 104,282 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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