9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Türkiye's wire rod imports fell sharply

In October, Türkiye's wire rod imports recorded a remarkable decrease. October wire rod imports decreased by 59.8% compared to September.

Türkiye's wire rod imports fell sharply

Total wire rod imports decreased by 60% compared to the previous month. Looking at the countries in the top 5 in the import ranking, we see that imports from Malaysia, in particular, dropped by 87.9%. Wire rod imports from Malaysia dropped from 53,94 tons to 6,451 tons in October, indicating a significant decrease.

Imports of wire rod from Russia also decreased. In October 2023, Türkiye's wire rod imports from Russia decreased by 23.4% compared to September, from 13,170 tons to 10,85 tons.

There was a remarkable increase in wire rod imports from Kazakhstan. Imports, which started with 3,5 tons in September this year, increased by 100% in October.

Moreover, Türkiye's wire rod imports from the United Kingdom fluctuated in the January-October period. In October, imports increased by 56% from 2,867 tons to 4,473 tons, moving up to 4th place in the ranking. However, the import figures of February and May this year could not be exceeded.

Wire rod imports from Spain decreased by 39.2% in October. Compared to September, imports decreased from 4,303 tons to 2,617 tons, showing the changes in this area.

When we look at the country's total import figure, total imports in the month in question decreased by 61% compared to the previous month, from 76,439 tons to 29,659 tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tax on scrap exports from Ukraine to Türkiye to remain in place

Thursday, April 3, 2025

OQGN partners with Hidrom to develop Oman's green hydrogen economy

Thursday, April 3, 2025

Steel billionaire Lakshmi Mittal announces relocation to the United Arab Emirates

Thursday, April 3, 2025

MKE to invest TRY 2 billion in defense industry

Thursday, April 3, 2025

Kardemir is 88 years old: A milestone in Türkiye's industrialization journey

Thursday, April 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now