Turkey’s finished steel output and consumption fall in Jan-Apr

Friday, 31 May 2019 17:06:28 (GMT+3)   |   Istanbul

In the first four months of this year, finished steel output in Turkey decreased by 21.5 percent year on year to 10.7 million mt, according to the Turkish Iron and Steel Producers' Association (TCUD).

As stated in the TCUD report, in the given period Turkey's long product output totaled 6.3 million mt, down 32 percent, and its flat product output fell by 0.5 percent to 4.4 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-April period of this year decreased by 33.2 percent year on year to 7.9 million mt.

In the first four months of this year, consumption of long products in Turkey fell by 45.2 percent to 3.4 million mt, while flat product consumption was down by 20 percent to 4.5 million mt, both year on year.

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