Turkish wire rod exports down 3.79 percent in January

Friday, 21 March 2014 15:11:48 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's wire rod exports decreased by 3.79 percent year on year to 115,908 metric tons, up 29.09 percent month on month. The revenue from these exports amounted to $69.45 million, down 4.20 percent year on year and increasing by 29.80 percent month on month. In the given month, the average price of Turkey's wire rod exports stood at $599.21/mt, rising $3.29/mt month on month, but down from the average of $601.80/mt recorded in the same month of 2013.

In January of the current year, Turkey's wire rod exports to Israel rose by 224.36 percent to 41,732 mt, while its wire rod exports to Libya increased by 9.64 percent to 16,229 mt, both compared with the same month of 2013.
 
Turkey's top 10 wire rod export destinations in January this year:

CountryVolume
Jan. 14Jan. 13
Israel41,73212,866
Libya16,22914,802
Morocco10,000-
UK8,386-
Peru7,5002,925
Iraq5,7664,520
Spain4,9997,280
Romania4,079-
Italy3,1099,186
Egypt2,998-

Turkey's main wire rod destinations on country basis in January this year are presented in the chart below:


Similar articles

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Ex-China wire rod prices stable, ex-ASEAN mills aim higher amid non-VAT inspections

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

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

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab

Turkish longs mills try to avoid export discounts, sales challenging

24 Apr | Longs and Billet

Local Turkish official wire rod prices stable, demand sluggish

24 Apr | Longs and Billet