In the January-March period of this year, finished steel output in Turkey increased by 11.7 percent year on year to 10.3 million mt, according to the Turkish Steel Producers' Association (TCUD).
As stated in the TCUD report, in the given period Turkey's long product output totaled 6.5 million mt, rising by nine percent, and its flat product output increased by 16.7 percent to 3.8 million mt, both on year-on-year basis.
Finished steel consumption in Turkey in the first quarter of this year increased by 12.7 percent year on year to 8.7 million mt. In the given period, 47 percent of total finished steel consumption was for long products, while 53 percent was accounted for by flat products.
In the first three months of the current year, Turkish consumption of long products rose by 20.9 percent to 4.1 million mt, while consumption of flat steel products increased by 6.2 percent to 4.6 million mt, both year on year.