9,420.42 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.40 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
71.81 USD Fossil Oil Fossil Oil
30.38 USD Silver Silver
4.10 USD Copper Copper
98.18 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,835.93 TRY Gold (gr) Gold (gr)

November is the month for Turkey's wire rod imports! Lowest imports despite annual increase

Turkey's wire rod imports in November increased by 24.18% compared to the same period last year, and decreased by 49.09% compared to the previous month. November was the month with the least imports in the January-November period.

November is the month for Turkey's wire rod imports! Lowest imports despite annual increase

According to the information obtained by SteelRadar from the Turkish Statistical Institute (TUIK) data, Turkey's wire rod imports in November increased by 24.18% compared to the same period last year, while it decreased by 49.09% compared to the previous month and was recorded as 18,296 tons.

20.8% increase in 11 months

There was a 20.8% increase in total imports. Wire rod imports, which were 342,083 tons in the 11-month period of last year, increased by 20.8% to 677,241 tons in the same period this year.

November was the month with the lowest imports

While the highest wire rod imports in 2022 were realized in January, the lowest imports were seen in November. While November was the month with the lowest imports this year, the highest imports in the said period were recorded in May.

Most imports are from South Korea

When we look at it on a country basis, the country from which Turkey imported the most wire rod in November was South Korea with 5,772 tons, followed by the United Kingdom with 2,839 tons, Switzerland with 2,171 tons, Spain with 2,124 tons and Germany with 2,103 tons. In October, most imports were from the United Kingdom.

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

European Commission releases autumn 2024 economic forecast

Saturday, November 16, 2024

voestalpine performed strong in H1 2024/25 despite the challenging economic conditions

Thursday, November 14, 2024

GMH Gruppe aims for climate neutrality in steel production

Saturday, November 16, 2024

Swiss Steel Group plans capacity adjustments

Friday, November 15, 2024

Asian ship recycling countries strengthen efforts to comply with Hong Kong Convention

Wednesday, November 13, 2024
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