Finished steel output in Turkey in 2015 increased by 2.3 percent year on year to 36.94 million mt, according to a report released by the Turkish Iron and Steel Producers' Association (TCUD).
As stated in the report, in 2015 Turkey's long product output totaled 26.55 million mt, up 3.2 percent, and its flat product output grew by 0.1 percent to 10.4 million mt, both on year-on-year basis. Meanwhile, 71.9 percent of the total finished steel output consisted of long products and 28.1 percent was accounted for by flat products.
In 2015, Turkey’s finished steel consumption increased by 11.7 percent - a high growth rate compared to other countries worldwide - to 34.36 million mt. In the given year, consumption of long products in Turkey increased by 10.8 percent to 17.91 million mt, while flat product consumption rose by 12.7 percent to 16.45 million mt, both year on year. In the year in question, 52 percent of total finished steel consumption was for long products, while 48 percent was accounted for by flat products.