Turkey’s finished steel output rises slightly in H1, consumption decreases

Tuesday, 01 August 2017 15:28:29 (GMT+3)   |   Istanbul
       

In the first half of this year, finished steel output in Turkey increased by 0.2 percent year on year to 18.8 million mt, according to the Turkish Steel Producers' Association (TCUD). 

As stated in the TCUD report, in the first six months of this year Turkey's long product output totaled 12.5 million mt, declining by eight percent, and its flat product output grew by 21.2 percent to 6.3 million mt, both on year-on-year basis. 

Finished steel consumption in Turkey in the first half of this year fell by 10 percent year on year to 16.2 million mt and was shared almost evenly between long products and flat products.

In the first six months of this year, Turkish consumption of long products fell by 13.1 percent to 8.05 million mt, while consumption of flat steel products decreased six percent to 8.12 million mt, both year on year.


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