According to the Turkish Statistical Institute (TUIK), Turkey’s wire rod exports totaled around 768,400 tons in the first ten months of this year, slightly up by 0.3% compared to the same period a year ago. The export value dropped by 6% year on year to roughly US$441 million.

Among them, Romania was the main export destination with roughly 272,000 tons, a year-on-year hike of 15%. Bulgaria followed with around 58,000 tons, a year-on-year decrease of 14%, and Libya ranked third with about 52,300 tons.

In October alone, Turkey exported about 54,000 tons of wire rod, a month-on-month drop of 41% and a year-on-year surge of 74%. The value of these exports reached approximately US$30 million, down by 41% month on month but rising by 60% year on year.