Turkey’s Wire Rod Exports Drop 17.1% in Q1, Surge in March

Date:2025-05-07 16:49:51View:33Tags:Ronsco,Stainless Steel Supplier

Turkey’s wire rod exports saw a notable rebound in March 2025, despite a year-on-year decline in overall first-quarter performance, according to preliminary data from the Turkish Statistical Institute (TUIK).

In March, Turkey exported 185,661 metric tons of wire rod—an increase of 289.7% from February and 35.6% higher than the same month last year. Export revenues also surged, reaching $107.84 million, up 293.1% month on month and 27.4% year on year.

However, total wire rod exports for the January–March period fell to 288,617 metric tons, marking a 17.1% decline compared to the first quarter of 2024. The export value also dropped by 26.4% year on year, totaling $167.41 million.

Turkey’s wire rod exports - January-March 2025

In the given period, Turkey’s largest wire rod export destination was Romania which received 124,817 mt. Romania was followed by Bulgaria with 24,223 mt and Italy with 18,768 mt.

Turkey’s top 10 wire rod export destinations in the January-March period last year:

Country	Amount (mt)
	January-March 2025	January-March 2024	Y-o-y change (%)	March 2025	March 2024	Y-o-y change (%)
Romania	124,817	113,936	9.6	82,881	49,694	66.8
Bulgaria	24,223	28,971	-16.4	19,301	16,456	-14.7
Italy	18,768	16,173	16.0	15,751	9,023	74.6
Libya	15,665	-	-	8,174	-	-
Australia	12,796	18,640	-31.4	4,493	8,775	-48.8
Spain	11,545	22,688	-49.1	11,545	18,969	-39.1
Haiti	7,891	4,627	70.5	7,467	-	-
UAE	7,027	-	-	6,015	-	-
Estonia	6,896	-	-	6,453	-	-
Bosnia-Herzegovina	5,932	21,480	-72.4	5,932	13,871	-57.2