Apparent steel consumption in Turkey in the January this year increased 10.4 percent to 2.76 million mt according to the Turkish Iron and Steel Producers' Association (TCUD).
Finished steel output in Turkey in January this year rose by 5.3 percent year on year to 2.88 million mt, according to the report released by the Turkish Iron and Steel Producers' Association (TCUD).
As stated in the report, in the given month Turkey's long product output totaled 2.11 million mt, up 4.5 percent, and its flat product output grew by 7.5 percent to 769,000 mt, both on year-on-year basis. Meanwhile, 73.3 percent of the total finished steel output consisted of long products and 26.7 percent was accounted for by flat products.
In January, consumption of long products in Turkey increased by 3.3 percent to 1.38 million mt, while flat product consumption rose by 18.6 percent to 1.38 million mt, both year on year. In the given period, 50 percent of total finished steel consumption was for long products, while 50 percent was accounted for by flat products.