We welcome potential buyers to contact us.
TIANJIN GOLDENSUN I&E CO.,LTD

Brazil becomes Turkey’s largest wire rod export market

According to Mysteel, despite rising freight rates, Turkish steel mills have been continuing to try overseas markets to increase exports. In recent months, Brazil has become Turkey’s largest wire rod export destination.

Following the purchase of 78,000 tons of bars from Turkey in August, Brazil purchased 24,000 tons of bars in September, again becoming Turkey’s largest bar export destination for the second consecutive month, even though no bars were shipped to the country in the same month last year. Material goods.

According to the latest monthly data from the Turkish Statistical Institute (TUIK), Turkish steel mills exported 132,200 tons of wire rod to the export market in September, a year-on-year increase of 26%. Revenue from these exports more than doubled year-on-year to US$109 million. It is the rise in global steel prices. However, this export figure is much lower than last month’s 229,600 tons.

Despite a sharp decline of 52% year-on-year, Israel was still Turkey’s second largest bar export market in September, with an export volume of 21,600 tons.

The total export volume to Spain that month was 11,800 tons, while the wire rod export volume of Turkish steel mills to Romania reached 11,600 tons.

Turkish steel mills exported 11,100 tons of wire rod to Italy in September, while exports to Canada totaled 8,700 tons.

The latest data shows that Turkey’s other wire rod export destinations in September are: Bulgaria (8250 tons) and Australia (6600 tons)


Post time: Nov-10-2021
WhatsApp Online Chat !