You are here: Home > Steel News > Latest Steel News > Turkey’s...

Turkey’s wire rod exports down 57.4 percent in January-August

Tuesday, 17 October 2023 11:19:02 (GMT+3)   |   Istanbul
       

In August this year, Turkey’s wire rod exports amounted to 73,190 mt, up by 44.2 percent compared to July and down by 49.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $44.48 million, increasing by 37.6 percent compared to the previous month and dropping by 56.4 percent year on year.

Meanwhile, in the January-August period of this year, Turkey’s wire rod exports amounted to 362,618 mt, down 57.4 percent compared to the same period of last year, while the revenue generated by these exports totaled $244.90 million, falling by 65.1 percent year on year.

Turkey’s main wire rod export destinations in the first eight months of this year:

Country

Amount (mt)

 

 

 

 

 

 

January-August 2023

January-August 2022

Y-o-y change (%)

August 2023

August 2022

Y-o-y change (%)

Israel

166,993

197,541

-15.5

32,185

26,995

+19.2

Romania

49,227

95,458

-48.4

19,412

10,173

+90.8

Australia

33,109

22,764

+45.4

6,720

7,524

-10.7

Chile

10,154

10,155

-

-

-

-

Spain

10,067

17,478

-42.4

-

3,999

-

Paraguay

8,853

8,470

+4.5

1,076

273

+294.1

Senegal

8,031

53,620

-85.0

-

12,688

-

Egypt

6,733

10,413

-35.3

98

4,130

-97.6

Canada

5,337

42,762

-87.5

49

5,070

-99.0

Haiti

5,060

28,752

-82.4

-

13,534

-

Turkey’s main wire rod export destinations in the January-August period this year:


Similar articles

Wire rod exports from Brazil increase in October

10 Nov | Steel News

US domestic rebar prices up slightly with CMC price increase, wire rod pricing flat despite ongoing supply shortage

08 Nov | Longs and Billet

US import long steel prices mixed, as CMC announces rebar price increase, Liberty plant remains shut

08 Nov | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 45, 2024

08 Nov | Longs and Billet

Southern European longs mills seek to avoid price declines up to year-end

08 Nov | Longs and Billet

Outlook for Asian wire rod market still stable

07 Nov | Longs and Billet

Longs prices in Romania still stable while demand remains slack

07 Nov | Longs and Billet

Turkish official domestic wire rod prices mostly soften

07 Nov | Longs and Billet

Turkey’s wire rod exports increase by 76.0 percent in January-September

07 Nov | Steel News

China’s steel bar exports increase by 14.2 percent in January-September

07 Nov | Steel News