Turkey’s crude steel output down 10.2 percent in January-July

Thursday, 22 August 2019 16:17:54 (GMT+3)   |   Istanbul
       

According to a statement released by the Turkish Steel Producers' Association (TCUD), Turkish crude steel output in July this year increased by 8.4 percent month on month and was down by 10.6 percent year on year to 2.9 million mt. In the given month, Turkey's crude steel output by electric arc furnaces fell by 7.1 percent, and the production by integrated plants fell by 18.3 percent, both year on year. The more-than-expected decline in the output of integrated plants was caused by the failure of Erdemir’s blast furnace in June, while, according to market estimations, the resulting production loss was 300,000-350,000 mt.

In the January-July period, Turkish crude steel output fell to 19.9 million mt, down 10.2 percent year on year. In the same period, Turkey's crude steel output by electric arc furnaces declined by 12 percent to 13.5 million mt, while production by integrated plants decreased by 6.2 percent to 6.4 million mt, both year on year.

In the first seven months of this year, Turkey's billet output decreased by 16.8 percent to 12.3 million mt, while its slab output rose by three percent to 7.5 million mt, both compared to the corresponding period of last year.


Most Recent Related Articles

90 key railway projects in China resume construction

Local molybdenum and ferromolybdenum prices in China - week 9

US steel imports up 99.3 percent in January

Steel plate prices stable in Turkey

Indian HDG exporters hike offers, small tonnages sold to Europe and Gulf