Turkey’s rebar exports increase by 31.6% in January – November

In November last year, Turkey’s rebar exports amounted to 462,685 metric tons, down 26.1% compared to October and decreasing by 24.8% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). The revenue generated by these exports totaled $321.2 million, decreasing by 25.9% compared to October and up 17.5% year on year. Meanwhile, in the January-November period of last year, Turkey’s rebar exports amounted to 6.63 million metric tons, up 31.6% year on year, while the revenue generated by these exports totaled $4.19 billion, increasing by 94.7% compared to the same period of 2020. In the given period, Yemen was the main destination for Turkish rebar exports to Arab countries with 842,612 metric tons.