In the January-November period of last year, finished steel output in Turkey remained stable year on year to 33.9 million mt, according to the Turkish Steel Producers' Association (TCUD).
As stated in the report, in the first eleven months of last year Turkey's long product output totaled 24.1 million mt, decreasing by 0.9 percent, and its flat product output grew by 2.4 percent to 9.84 million mt, both on year-on-year basis.
Finished steel consumption in Turkey in the January-November period last year rose by 0.1 percent to 31.6 million mt compared to the same period of the previous year, but this growth was slower compared to the increase rate of 1.2 percent registered in the January-October period of 2015.
In the first eleven months of last year, Turkish consumption of long products fell by 0.3 percent to 16.5 million mt, while consumption of flat steel products increased by 0.5 percent to 15.2 million mt, both year on year. In the mentioned period, 52.1 percent of total finished steel consumption was for long products.