In March this year, Turkey’s wire rod exports amounted to 136,650 metric tons, down by 5.5% compared to February and up by 319.1% year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK).

Meanwhile, the revenue generated by these exports totaled $84.48 million, decreasing by 6.9% compared to the previous month and growing by 250.9% year on year.

In the January-March period, Turkey’s wire rod exports amounted to 350,966 mt, up 172.3%, while the value of these exports increased by 136.9% to $218.07 million, both year on year.

In the given period, Turkey’s largest wire rod export destination was Romania which received 113,909 mt. Romania was followed by Belgium with 38,248 mt and Bulgaria with 27,632 mt.