Turkey’s finished steel output and consumption increase in Jan-Sept

Tuesday, 03 November 2015 16:28:17 (GMT+3)   |   Istanbul
       

Finished steel output in Turkey in the January-September period this year increased by 3.2 percent year on year to 27.91 million mt, according to a report released by the Turkish Iron and Steel Producers' Association (TCUD).
 
As stated in the report, in the first nine months of the current year Turkey's long product output totaled 19.93 million mt, up 1.8 percent, and its flat product output grew by 7.1 percent to 7.97 million mt, both on year-on-year basis. Meanwhile, 71.4 percent of the total finished steel output consisted of long products and 28.6 percent was accounted for by flat products. 
 
In the January-September period, consumption of long products in Turkey increased by eight percent to 13.34 million mt, while flat product consumption rose by 17.4 percent to 12.44 million mt, both year on year. In the given period, 51.7 percent of total finished steel consumption was for long products, while 48.3 percent was accounted for by flat products.


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