China's Steel Pipes Production Down while Turkey's Steel Pipes Export Up

China’s production of welded steel pipes fall in Jan-Feb

According

to statistics released by the National Bureau of Statistics, China’s

output of welded steel pipes totaled 6.31 million tonnes in the January

to February period, decreasing by 12.6%.

Meanwhile, the country’s

daily welded steel pipes output averaged at 106,949 tonnes in the given

period of time, lower than 124,355 tonnes in last December, due to slow

demand in winter and Chinese Lunar New Year holiday in early February.

In addition, China’s exports of welded steel pipes amounted to 554,901 tonnes in the first two months of this year, down by 4%.

Turkey’s steel pipes exports Increase 3pct in Jan-Mar

According

to the statistics provided by the Turkish Steel Pipes Manufacturers

Association, in the first three months of the current year, Turkey’s

steel pipe exports increased by 2.52% YoY to 472,894 tonnes. The value

of these export totaled USD 403.81 million, decreasing by 1.60% YoY.

In

the first three months this year, the largest export markets for

Turkish steel pipes were Iraq, the UK and the US. In the given period,

steel pipe exports to Iraq decreased by 0.25% to 98,744 MT while exports

to the UK increased by 98.62% to 78,002 MT and exports to the US

decreased by 11.42% to 68,772 MT all YoY.

In the given

period, due to the more positive economic atmosphere in the EU, Turkish

steel pipe exports to EU countries recorded increases, rising to 208,000

tonnes equivalent to a 45%share of total steel pipe exports in the

period.

On the other hand, in March this year, Turkey’s

steel pipes exports decreased by 4% YoY and were up 36.93% MoM amounting

to 175,661 MT. The value of these exports was USD 149.56 million down

4.02% YoY and up 37.93% MoM.

Mr Mehmet Zeren secretary

general of CEBID said that “In the Q1 of this year, Turkey recorded a

2.52% of increase in steel pipe exports compared with the same period of

2013 with no increases in steel pipe imports. If this situation

continues, this year we expect our sector to offset the four percent

decline in steel exports which was recorded in 2013.”

Source – www.steelorbis.com.  http://www.steelguru.com

China's Steel Pipes Production Down while Turkey's Steel Pipes Export Up