In the January-May period of this year, finished steel output in Turkey increased by 1.4 percent year on year to 15.6 million mt, according to the Turkish Steel Producers' Association (TCUD).
As stated in the TCUD report, in the first five months of this year Turkey's long product output totaled 10.3 million mt, declining by 8.1 percent, and its flat product output grew by 26.7 percent to 5.3 million mt, both on year-on-year basis.
Finished steel consumption in Turkey in the January-May period of this year fell by 10.3 percent to 13.2 million mt compared to the same period last year. In the given period, 48.5 percent of total finished steel consumption was for long products, while 51.5 percent was accounted for by flat products.
In the first five months of this year, Turkish consumption of long products fell by 16.6 percent to 6.4 million mt, while consumption of flat steel products decreased 3.4 percent to 6.8 million mt, both year on year.