Turkey’s finished steel output and consumption fall in January-August

Monday, 30 September 2019 16:02:16 (GMT+3)   |   Istanbul

In the first eight months of this year, finished steel output in Turkey decreased by 17.3 percent year on year to 22.18 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 13.24 million mt, down 23.8 percent, and its flat product output fell by 5.5 percent to 8.95 million mt, both on year-on-year basis.

Finished steel consumption in Turkey in the January-August period of this year decreased by 27.7 percent year on year to 16.74 million mt.

In the first eight months of this year, consumption of long products in Turkey fell by 40.6 percent to 7.01 million mt, while flat product consumption was down by 14.3 percent to 9.73 million mt, both year on year.

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