Turkey’s crude steel output down 4.1 percent in March

Wednesday, 15 April 2015 16:27:44 (GMT+3)   |   Istanbul
       

Turkish crude steel output continued to decline in March this year due to pressure from idle capacities in the world steel industry, the increased prices of iron ore and scrap, the sluggishness of the Turkish economy and the reduction of the price gap between raw materials and finished steel, according to the Turkish Iron and Steel Producers' Association (TCUD).
 
In March, Turkey's crude steel production posted an increase of 15.2 percent month on month and a decrease of 4.1 percent year on year to 2.76 million mt. In the same month, Turrkey's crude steel production by electric arc furnaces decreased by 14.5 percent year on year and increased by 13.1 percent month on month to 1.84 million mt, while the output of integrated plants increased by 26.5 percent year on year and 19.7 percent month on month to 922,000 mt.
 
Meanwhile, in the the first quarter of 2015, Turkey's crude steel production decreased by 8.8 percent to 7.73 million mt, with crude steel production by electric arc furnaces declining by 12.2 percent to 5.21 million mt, while the output of integrated plants decreased by 0.9 percent to 2.53 million mt, both on year-on-year basis.

Similar articles

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

CISA mills’ daily steel output down 0.51 percent in mid-March

26 Mar | Steel News

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

World crude steel output up 3.7 percent in February

22 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

China’s crude steel output up 1.6% in Jan-Feb despite unexpectedly weak post-holiday demand

18 Mar | Steel News

CISA mills’ daily steel output down 3.38 percent in early March

14 Mar | Steel News

Ukraine’s pig iron output up 42.5 percent in January-February

12 Mar | Steel News

Ukraine’s Zaporizhstal increases its output in Jan-Feb

06 Mar | Steel News

CISA mills’ daily steel output up 1.38 percent in late February

06 Mar | Steel News