The Turkish Statistical Institute (TUIK) statistics showed that Turkey's wire rod exports reached approximately 793,000 tons in the first 11 months of 2024, marking an increase of 30% compared to the same timeframe a year ago. The export value also rose by 25% year on year, totaling around US$486 million.

Romania was the top destination for these exports, receiving about 238,000 tons, which represented a remarkable year-on-year increase of 56%. Australia came in second with around 72,500 tons, experiencing a rise of 95% compared to the previous year. Bulgaria ranked third, importing 67,000 tons, a 171% year-on-year surge.

In November alone, Turkey exported about 26,500 tons of wire rods, a decline of 14% from the previous month and a 71% drop from the same month of the previous year. The export value for November fell by 69% month on month and by 13% year on year, amounting to roughly US$16 million.