Turkey’s apparent steel consumption rises 14 percent in 2011

Wednesday, 08 February 2012 17:56:24 (GMT+3)   |  
       

In 2011, Turkey's total apparent steel consumption rose by 14.1 percent year on year reaching 26.93 million mt, according to a statement released by the Turkish Iron and Steel Producers' Association (DCUD). Of the total consumption figure, 51 percent consisted of long steel products used mainly by the construction sector, while 49 percent was accounted for by flat steel products used generally by the automotive, domestic appliance and machinery sectors.

Turkey's long steel products consumption in 2011 increased by 17.7 percent compared to 2010 to 13.73 million mt, while the country's flat steel consumption grew by 10.6 percent year on year to 13.2 million mt.

The association predicts an eight percent increase for Turkey's total steel consumption in 2012.


Similar articles

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

Some EU flat steel import quotas about to be exhausted near end of period

26 Mar | Steel News

Major steel and raw material futures prices in China - March 26, 2024

26 Mar | Longs and Billet

Ukraine’s flat steel exports up 323.4 percent in Jan-Feb

25 Mar | Steel News

Major steel and raw material futures prices in China - March 25, 2024

25 Mar | Longs and Billet

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

Major steel and raw material futures prices in China – March 22, 2024 

22 Mar | Longs and Billet