Turkey’s wire rod exports decrease by 60.2 percent in January-April

Friday, 09 June 2023 11:09:06 (GMT+3)   |   Istanbul
       

In April this year, Turkey’s wire rod exports amounted to 26,849 metric tons, down 17.8 percent compared to March and by 72.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $19.7 million, decreasing by 18.2 percent compared to March and by 77.3 percent year on year.

Meanwhile, in the January-April period of this year, Turkey’s wire rod exports amounted to 155,904 metric tons, down 60.2 percent compared to the same period of the last year, while the revenue generated by these exports totaled $111.96 million, decreasing by 65.2 percent year on year.

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

Country

Amount (mt)

 

 

 

 

 

 

January-April 2023

January-April 2022

Y-o-y change (%)

April 2023

April 2022

Y-o-y change (%)

Israel

84,089

104,761

-19.7

20,803

31,057

-33.0

Australia

15,927

3,455

+361.0

108

1,373

-92.1

Romania

11,682

53,056

-78.0

-

1,020

-

Haiti

5,060

318

-

­-

-

-

Chile

4,785

5,070

-5.6

-

-

-

Paraguay

4,444

7,494

-40.7

-

1,076

-

Senegal

2,997

21,972

-86.4

1,997

14,283

-86.0

Spain

2,950

5,850

-49.6

-

2,997

-

Egypt

2,795

1,352

+106.7

-

-

-

Bulgaria

2,475

3,765

-34.3

-

143

-

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


Similar articles

Wire rod prices in Taiwanese domestic market - week 20, 2024

17 May | Longs and Billet

EU’s wire rod and HS import quotas for Turkey exhausted

17 May | Steel News

Stability in southern European longs market, no further declines expected

17 May | Longs and Billet

Romanian longs spot prices decline as outlook remains unfavorable

16 May | Longs and Billet

Moderate demand for Turkish long steel exports

16 May | Longs and Billet

Asian wire rod prices decline, but mood improves as China to liquidate unsold home inventories

16 May | Longs and Billet

US domestic wire rod softens as sluggish demand is met by domestic mills

15 May | Longs and Billet

Iskenderun-based Turkish mill cuts its rebar price

15 May | Longs and Billet

Turkey’s Kardemir announces its rebar prices after long break

15 May | Longs and Billet

Turkey’s Kardemir increases its wire rod prices for engineering grade products

15 May | Longs and Billet