In October this year,
Turkey's crude steel output decreased by 6.2 percent year on year and was down by 11 percent compared to September to 2.71 million metric tons, due to the pressure on the Turkish steel industry in line with the increasing market share of China worldwide and amid narrow steel demand, according to the Turkish Iron and Steel Producers' Association (TCUD). In the given month,
Turkey's crude steel output by electric arc furnaces decreased by 14.2 percent year on year and by 10.5 percent month on month to 1.83 million metric tons, while
production by blast furnaces registered a decline of 3.6 percent year on year and decreased by 10.5 percent month on month to 886,000 metric tons.
Meanwhile, in the first 10 months of this year
Turkey's crude steel output recorded a decrease of 0.9 percent year on year, totaling 28.44 million mt, following the year-to-date increases for the previous two consecutive months. In the given period,
Turkey's crude steel
production by electric arc furnaces declined by 3.2 percent to 19.95 million metric tons and
production by blast furnaces increased by 4.9 percent to 8.48 million metric tons, both on year-on-year basis.
In the January-October period this year,
Turkey's
billet output decreased by 4.5 percent to 20.83 million mt, while the country's
slab output increased by 10.3 percent to 7.61 million mt, both on year-on-year basis.